Hi Stirer
Again you doing understand the variability of the orebody, how many drill results are going to be conducted, 1 m intervals to make sure they pick only the 10% TGC+ grade or are you hoping the grade will be consistent between the 25-50m spacing?
@SpareCash7 What is the point of looking at other companies DFS's, they are guessing on what the forecast price will be, these projects won't be in production next year in what is already a graphite market that has seen mines move onto care and maintenance or operating at a reduced capacity.
Example RNU is expected the graphite price to double for its recent PSG study, IMO this isn't likely.
Why isn't Mike showing investors what the likely revenues will be next year or now with the current graphite prices? how much spare cash will there be with Gemcorps loan with 19-21% interest rate, cash sweeps to reduced debt, or its entitlement for 30% of the profits?
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