AXE 5.26% 27.0¢ archer materials limited

graphite market bigger than rare earths, page-3

  1. 14,954 Posts.
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    Thanks rambleon, l don't think we need a partner yet we only have a market cap of 17 million. At 50 cents we will have a market cap of 35 million still way to cheap for what we have.

    Sugarloaf is massive we are talking a conservative 24-37 million tonnes at around $1000 a tonne, my calculator can't process the numbers. After a chat with management they believe 24-37 m/t is very conservative.

    Now Campoona with a confirmed 4 km of strike and open along strike and at depth with no signs of lessening with grade. Flake graphite can fetch 2000-3000 a tonne.

    If we add the potential of Sugarloaf and Campoona we could have one of the worlds richest resources, so giving anything away now and l will be disappointed. I say they need to attract some big investors to the register and a higher SP before giving anything away to a JV partner.
 
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