The very high grade and exceptional distribution of large graphite flakes within the Lindi Jumbo Project area provides significant competitive advantage in capital and operating cost reduction and also in metallurgical performance through the potential production of a sought after, premium natural graphite flake product.
Got nothing to do with purity.
However, I am interested in investing in HZR, but I do note the current cash should last til end of 2019 (and includes redundancy payouts for the shift) but does not allow for stage 2 scaleup which is required to prove-up the commercial stage. (By which time that other graphite stock should have a PE).
I have experience of similar such ventures (look up Thermal-depolymerisation) to know that proof of concept can be light years from commercialisation.
In the mean time I'll watch the chart with interest and look for a basing signal after the next Cap-raise or two.
Thanks
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