I don't. What is it and how does it compare to ours?
I may have known the comparisons with developers years ago, but haven't kept up.
In the end that matters, but maybe what matters more is the price of artificial graphite and what is coming to replace that too I guess.
The problem for us (and all graphite developers) is that the amount of projects ready to go is going to keep the price very low. I don't think capex is as big a barrier to entry as say lithium and definitely not vanadium or rare earths - which is all big money, and complex technical know how in comparison.
Might be useful to make a swing to another commodity with all this cash on hand.
CNB need money to start copper mining, Feasibility due very soon, and could be mining in 12 months with a cash injection. Already have a tolling agreement in place at Mount Isa plant but need money to start mining and rebuild the rail loading and link. Can we chuck in $70 mill with them for a 50/50 split? Could provide a real safety net should graphite market not eventuate - which lets face it is a real possibility.
Can keep graphite project on the backburner while we do that and/or if anyone actually wants any graphite we can use the gov loans to start lower end of mining feasability studies and processing (before all the useless expansion case DFS they did to kick the can down the road) and only expand graphite production with profits and/or more loans.
Looking at the lithium and graphite markets and single commodity companies within them tells me two commodities is better than one.
And especially if that one is DOA.
Add to My Watchlist
What is My Watchlist?
