GW1 0.00% 5.3¢ greenwing resources ltd

"It is a growing story of revival. Lol"This will be a comeback...

  1. 94 Posts.
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    "It is a growing story of revival. Lol"

    This will be a comeback story for the history books. The stock that is totally forgotten by investors.

    Bass Metals has:
    - premium large flakes (the most rare form of Graphite)
    - exceptional quality (proven in stage 1 pilot testing / managed to sell all of it / never penalized)
    - been in production (can make use of the hard data / know the mine very well / take the findings / can go back into production easily)
    - existing customer base (sales channels established / diversified)

    Plus, BSM is improving on all fronts and can save money on at least three points on the path:
    - Mining technique (not much info on that, can't be much worse)
    - Screening (looks legit, seems that it will save money)
    - Cost for power (switch from gas to grid power, will save 30% (!), maybe starting in 2024 but probably later)
    - Stage 2 bring better margins because of increased output

    Plus-Plus, BSM has more upside:
    - If Graphite large flake prices recover (due to increasing expandable demand)
    - If Graphite smaller flake prices recover (due to increasing battery demand)
    - Maybe both improve which would be great for the total basket price
    - If JV-Deal is secured
    - Any downstream activities on their own

    I can't wait for the DFS.




 
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