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2,303 Posts.
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30/04/12
00:26
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Transit
your numbers don't make sense .
on the basis of 1.625 , you are working on a 1% C . No company operates below 2.33% ( that is NGC , trying for FS. )
If there is 500mt . ? @ 10% C thats 50mtCG deposit.
A 70mill.$ plant can produce 20ktpa. graphite , so that would be a mine span of 2500 years . I DON'T THINK SO
you can not multiply X by Z = magic , there are a lot of empty zones or below 3% C areas .
i like a bullish view but stay realistic . or it's misleading
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