General Discussions, page-9795

"Im not cross-promoting", even though you have been cross promoting on twitter for weeks now

Considering you are so keen to pump up OAR on the RNU threads "By Not Cross Promoting", Lets take a quick look at that Garbage Dump you call a prospective project on the opposite side of the Eyre.

I did like your comment that because Graphite Pricing is marginally up on 2015 figures this automatically results in your NPV doubling ???
I think you will find that Capex and Opex increases since 2015 far outweigh any benefit you may receive in appreciation of raw material pricing (Not to mention how unrealistic those numbers were back in 2015)



Considering your low grade mineral resource that formed the basis of your scoping study at 4.7% TGC, it would mean that you need to mine and process 38% more material to end up with the same volume of Graphite Concentrate, at a lofty and ambitious run rate of 2mtpa, your company believes it can achieve a cost of production of Aud$286/t of concentrate, which would be 40% cheaper than any company in the world...... I Call BS !

Just think about that for a second. You will need to drill, blast, mine, process 38% more material, yet you believe you will be able to do that at a 43% cost reduction compared with RNU (and at an even bigger discount than current producers)....... Good Luck Achieving the below Opex Costs


Considering your resource size and the low grade nature of your deposit, it is no wonder you are sitting at the Market Cap you are today. Despite your best efforts to "Piggy Back" Off RNU, I highly doubt your project will ever see the light of day