we need to get +96% tgc for the flake and +98/99% tgc for powder to be taken seriously.
i don't think we have as much large flake as first thought but we might be surprised.Regardless while flake is important the final grade concentrate is what will really matter.
the initial metallurgy came close but no cigars, but they have stated that further optimization should produce a marketable product.
there is a market for high grade carbon graphite which is just as lucrative as flake,and along with flake be it a smaller percentage Archer could end up surpassing a lot of Canadian and ASX listed hopefuls.
Time will tell all i know is I am not paying a lot for it at these levels
read the Focus Metals technical report on the Lac Knife project particularly the metallurgy section.They seem to be a similar story in size to Archer and have a market cap of 60m.i think that's where it ends as this project has been around a long time and gone nowhere but the point i am making is about the grade and process involved to get it...
http://www.focusgraphite.com/global-operations/lac-knife
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