Hi Cassandra,
Thank you for your interest in BKT, I think you may have been misinformed about the detail of the company and the project.
Based on the EDFS, the mine has a staged production ramp up. Mahenge will have a globally significant production profile of 83,000t of concentrate per annum in Phase 1 (materially larger than all other ASX developers), ramping up to 250,000tpa by year 5 in Phases 2 and 3. Expansion beyond Phase 1 is able to be undertaken via free cash flow and extension of potential Phase 1 debt facilities.
The 70 Mt of Reserves support a 250 kt per annum development over a 25 year mine life. The Resource model was based on information from 175 RC drill holes for approximately 15,167m and 34 diamond drill holes for 3,911m, all drilled by BKT and it used 100m by 100m, 100m by 50m and 50m by 50m grid drill spacings. (Paterson Report 7/5/19)
Are you able to provide any information on how you obtained the assumption of BKT's initial capacity to produce enough graphite for about 1400 of the above mentioned batteries?
From my basic numbers, 83,000 / 25000 = 3.3 batteries
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