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clock Created with Sketch. 19/06/15
17:02
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Originally posted by jimmycro
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Corza why do you attempt negative posts on Ton when you don't hold?? This reference to Tesla/Panasonic would I think be of more concern to Syr which you hold. Didn't Syr just put out an ann. about building the biggest spherical graphite plant in the USA. Like a peacock fluffing its feathers to attract Tesla/Panasonic. I have seen no LOI's or MOU's to indicate any interest from them. Syr it seems to me are operating on a wing and a prayer. DFS based on production of 380,000 tonnes graphite/year? Where are the binding agreements for that? Can Syr promise reliable supply when they have to cross 2 rivers to access their resource? There was nothing in their DFS. about building bridges and you have to allow for floods in the wet season there. Large offtake partners will demand reliable year round supply.Tesla has made another important step toward cheaper and more powerful batteries. The Palo Alto based electric car company entered into an exclusive partnership on Wednesday with Jeff Dahn, a leading battery researcher known for his work on lithium-ion batteries. So I am sorry Corza but much relieved that TON has taken another direction and is holding an enormous binding offtake with China's largest private enhanced graphite company- YXJC. And also 2 J.V'S to share in the value adding
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Jimmycro, suggest you don't get your hopes up too high that floods in the "wet season" will interrupt supply from Balama. If you have visions of wet, dripping rainforest with gorillas swinging from vines, forget it. It's relatively open, scrubby country - as is most of the TON lease. The actual rainfall in the area is between 700 and 800 mm per year - about half what falls in Sydney. The "rivers", and the "missing bridges", made famous by Tobyjack, are just creeks, with culverts now providing crossings for the sealed road.
