GREY:ABGPF - Post by User
Comment by
banxon Sep 17, 2014 6:21pm
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Post# 22945957
RE:Based on the existing 43-101
RE:Based on the existing 43-101The new results tells an even better story.
3.65%Cg would give Alp a value of $15.86 per tonne based on indicated resource and an enterprise value of $22 million.
Dirt cheap.
The reality is that the resource will only grow in size.
Seeing as the graphite is near surface and comprised primarily of oxidized graphitic schist, capex and opex is deemed to be lower.
Could ALP leapfrog over the bigger name players in the graphite space?
It's certainly looking that way.