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Day Trading June 16 - Morning, page-57

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Cash-Flow

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16/06/16

10:29

Post #: 18044474
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Originally posted by nihilism ↑

Interesting stock. They had to withdraw their PFS due to making too many predictions without substance, which is never good...

One of the lines in their PFS, stating they aren't using industrial chemicals then going on to say that they are using a simple flotation plant doesnt make sense.

Flotation requires chemicals.. in the case of normal flotation you need a surfactant "frother" such as MIBC and then a collector which is amenable (similar polarities normally) to the specific floatation target, for graphite usually it's diesel or kerosene or something similar.

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Hey Nil,

Thanks for your input on this.

You are very knowledgeable.

I am long on this, with a small DT parcel too.

Cheers

All the best
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