RE:RE:RE:RE:Myths in the industry & ALP secret weapon to convince Tesla!scappelli wrote: Last week I had actually called managment and that is one of the pieces of information that they had divulged. Also, they are unsure if they are doing separate PEAs for Coosa and Bama, but they are thinking about that. They were expected to just do Coosa, but results from Bama came in much better than expected so they may do both together. They did not mention supplying Tesla when I asked where they expect to sell the graphite, but their timeline to get it out of the ground is much further off from when Tesla will need it. They are years away from production... They mentioned other graphite needing companies that did not include the big names we know of, such as, Duracell, Tesla, Panasonic, etc... not to say that in the future it could be a supplier. Right now they are excited about the quality of graphite and size of deposit they are still proving. The team had said that the graphite was so soft, he referred to it as "peat moss". Still a long way to go for this company but I am bullish on it and continue to ride it out.
Thanks for the shared info, much appreciated. My main concern actually are two things :
1- the geographical disparity between their Coosa and Bama properties (30 miles according to their presentation).
2- working and spending money on two different properties, is not very efficient for a junior company, neither the best way to speed up progress.
I dont know, but I feel they have to make their choice between Coosa and Bama.
the dilemma also is that coosa is a big deposit unlike the very small deposit of Bama.
quality vs quantity