Joint Venture partner and project manager Energizer
Resources
Inc. has released a positive Preliminary
Economic Assessment (“PEA”) Study for the Molo Graphite
Deposit
, Madagascar
, with 10% NPV of
US$342M (MGY 25% = US$85M approx. 54
cents per MGY share
In regards to the above if mgy find good graphite tonnage in there own ground energizer may show some interest in it to add to there existing molo footprint.If we dont come up with the money for mine development will we get bought out or will we have to cap raise.Cant believe the share price at the moment with the potential in the future.
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