hello Shellbell, I was just watching an interesting clip from an interview with benchmark minerals. They had suggested the shortfall in new mine’s opening by 2025 will lead to a deficit in the Flake Graphite supply for these BAM processing plants. The question was asked what about the shortfall from the BAM processing but this doesn’t seem to be an issue given that mines take between 5-10 years to get into production where as a BAM facility can be set up relatively quickly in about 18 months. Which begs the question what is the problem that EGR keep having from one location to another or is it in the process that is the problem. And why is there mine still not progressing when other in Tanzania are. The blame is not with the Government now, yes there was a period of delays for everyone but they seem to have been resolved with other mining companies now and they are moving forward.
EGR Price at posting:
24.0¢ Sentiment: Sell Disclosure: Not Held
