Alabama Graphite Corp. Com ABGPF

RE:RE:RE:graphite mining reactivation in usa

[micromanager]

I think we are in a really bad junior mining market - so its more a function of a horrible market.  If you compared the news yesterday to say the first ZEN news release (of which ALP news was even better) ZEN stock went from $0.20 to almost $5 - but it was a bull graphite market. 

Although I'm not an expert if you look at the fundamentals ALP has just under 1,000,000 tonnes in their 43-101.  They announced they found 5 anomalies that are same or better in Coosa.  So we should expect that they will upgrade their resource by at least 5 times.  However taking out lower grade and replacing with higher grade say they increase it 2.5 times to be conservative.  Then you have 2.5 million tonnes and that doesn't include the new properties in the area they just secured so add another 500,000 tonnes conservatively. 

So at 3 million tonnes of higher quality even if you use a very conservative selling price of $1000 tonne that's still a $3 billion revenue deposit.  Estimate a very conservative 20% margin on a 50,000 tonne annual output that's $600 million in profit over the 60 year mine life.  

That doesn't include any graphene and graphite IP the company owns and will own with the University.  

And we trade today at a $23 million market cap.