Rocket007
Our MET results compare very very favourably at such an early stage.
Remember from 402 samples analysed there were no deleterious elements meaning in a simple flotation method the cost to extract is less.
LMB initial met results for their McIntosh deposit in 4 zones analysed were inferior to what we achieved using the flotation method.
From memory this result was from the 12th March as below -
Table 1: The graphite flotation results (after GZRINM).
Graphite Concentrate (%TGC)
Target 1 55.90
Target 2 80.22
Target 5 80.61
Target 6 78.43
Compare these results with ours for clock c and d which were in the 93 to 94% categories after 8 weeks of fine tuning. It took Lamboo 12 months to gain their initial flotation results of 55 to 80% TGC results.
They achieved higher results with the use of very expensive and corrosive acids.
Hope this helps.
Don't think anyone can argue with these numbers as they are FACT.
Add to the list that we have 26 million tonne of contained graphite at 2% cut off - LMB 340,00 Tonne, Shallow mining to 50 metres, no deleterious materials, etc etc etc.
Share price short term is a bit of a joke i must admit.
Long term it will be irrelevant as we are clearly the biggest player in the category below SYR.
Cheers
Matt
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