EGR Chart, page-1573

I don't want to upset some of my Comrades...I will upgrade that very soon I believe..just have to let some of the many activities our Management is working on to play out...one of those being:



Most punters will not understand that the figures EGR is using in their BFS's are very conservative as there is no way of securing Bank/Gov finance if you can't show your project being viable using worst case scenarios, if anyone unsure of what I am talking about, feel free to compare other Co's figure...either their initial production numbers are way to high which makes heir project look profitable (SYR as example, but many more in the spec sector) and there is the projected sales prices, RNU for example, but many more out there.

Here are the figures EGR is using, if we can achieve 99% purity from the mine then that will significantly improve our profit...3% purity improvement might not seem like much, but it involves significant cost during purification at the anode plants to get the required Battery Quality of 99.95% when working with feedstock that is 96% pure compared to using feedstock that is 99% pure...another huge upside will be, thanks to the delay in TANZ we will most likely start producing 80-100 ktpa very quickly with very minimal additional CAPEX costs as the 60ktpa plant will be constructed with higher output capabilities in mind = NPV will be significantly higher.