GW1 9.09% 5.0¢ greenwing resources ltd

Hi Cliff,"I’ve compared this to many other deposits and these...

  1. 94 Posts.
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    Hi Cliff,

    "I’ve compared this to many other deposits and these results fall with the bottom quartile."
    I would be interested to see your comparisons. Can you post it here?

    "As I suspect you know.4% average head grade simply isn’t enough over such a scattered area. I’ve compared this to many other deposits and these results fall with the bottom quartile.DYOR. Cheers"
    I believe we agree that the grades are low compared to other graphite mines. However, there are two points we should also take into account to get the full picture:

    1)
    The surface around Graphmade is very easily mineable. While a low head grade would not work in most jurisdictions and with most deposits, the fact that the Graphmada deposit is large flake in easily minable regolith and in a low-cost jurisdiction places them apart from others who have hard rock deposits in high cost jurisdictions i.e. Renascor.

    So the combination of having a lot of large flake (premium pricing) PLUS easily minable regolith PLUS being in a low cost jurisdiction compensates to some extend. How much? I don't know.

    2)
    BSM always claims they start off with a very good product (interesting carbon mix). This does have an impact on costs in later stages (purification). But I don't have much to compare here.



 
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