What this analyst missed was the fact we used a TGC cut-off of ~8.6%, rather than the industry standard of ~5%. Our resource will improve considerably upon completion of the renewed drilling at Epanko, and possibly the TGC realignment.
The BFS JORC estimate (which KNL's history would seem to confirm as being conservative) puts Epanko at 23.3mt at 9.4% TGC. So what happens if/when measure the resource at 5% (like every other company)?
The BFS already confirms Epanko can support rates of 100,000tpa at the higher TGC rates. So it's a 100-200 year graphite deposit at 5%?
Talk about a dividend stream..... My great, great, great, great, great grandchildren could keep riding the KNL train!
Seeking Alpha - top 3 graphite miners to consider, page-4
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Last
13.0¢ |
Change
0.015(13.0%) |
Mkt cap ! $59.02M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 13.0¢ | 11.5¢ | $9.016K | 76.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37549 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 19999 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |