Seems most plays get to 99% with acid wash? Isnt Tons N hill 99.9%
I think you will find some info on when AMG took over the mine they expect to mine 6000 ton a year.
One thing that is a worry is this was shut in 99 due to falling graphite prices and mine not being viable. Trouble with graphite and this is for all graphit plays, is what was graphite selling for in the 90's?? It apparently spiked to china withholding supply and then flooding the market late 90's but try and find those prices is extremely difficult??
Look at the charts below, considering opex would be more expensive now then in 99 and the mine closed in 99 how much margin is there currently in graphite? How much further could graphite fall if 1 or more of these super pits come online? Amg picked this up in 2012 and still doesnt have it online yet???
http://www.amg-nv.com/Investors/Pre...raphite-mining-concession1131801/default.aspx
http://www.macauhub.com.mo/en/2008/12/15/6246/
DYOR.
Add to My Watchlist
What is My Watchlist?
