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1.89% 5.4¢ black rock mining limited

Ann: Black Rock Mining Granted Mining Licence - Mahenge Graphite, page-7

  1. Danlibz
    74 Posts.
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    26/02/19
    10:54
    Post #: 37568679
    @dreamingreen
    212m tonnes is resources, some of which will not be economical to dig up. Reserves is what is economical to extract at current prices. Also 212m tonnes is the amount of ore, not the amount of graphite. It is only 7.8% graphite by mass. Total revenue is expected to be 6.6m tonnes of graphite x $1301 per tonne = $8.6B
    (unless I have made a mistake)
    BKT Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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