SYR %Product 32% above 100Mesh is brutal Epanko ECOGRAF EGR has a relative low grade graphite TGC 8.3%, practically no chance, it needs a window to open up that WKT is partially holding closed.
WKT will be supplying with higher end distribution of Graphite into a market whose price has held firm. ECOgraf has basically turned into a patent company under attack for its broad possibly non-inventive patents. A cash reserve that is being eaten away on a ride to a one-way destination. Probably needs a couple of companies to fall-over to open up a chance of survival.
This is the target... seems within reach If WKT cant make it and as SPID is pointing out with the market being tricky at a the lower end.
"The Lindi Jumbo project currently boasts one of the highest grades of larger graphite flake deposits globally and the highest reserve grade of any graphite development project in Africa, at 17.9% total graphite carbon (TGC) and 75% of its flake distribution in final concentrate planned at being above 180 μm.
“The high reserve grade and extraordinary distribution of large flakes in final concentrate above 95% TGC makes this an exceptional project in the graphite world,” says Cunningham."Other Tanzanian projects that have reached feasibility status include Epanko (EcoGraf), Nachu (Magnis Energy Technologies), Mahenge (Black Rock Mining), Chilalo (Graphex Mining), Mahenge Liandu (Armdale Capital), and Bunyu (Volt Resources). "
If WKT cant make... which it will... but taking on SPIDS points imply no new company can make it...
A bad time to be a graphite expert?
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- Ann: Development Progress - Lindi Jumbo Mine
Ann: Development Progress - Lindi Jumbo Mine, page-5226
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