GREY:ABGPF - Post by User
Comment by
TheLongOne12345on Apr 14, 2016 7:41am
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Post# 24765293
RE:RE:So how much would Tesla require?
RE:RE:So how much would Tesla require?Their deposit is large enough to support Tesla, they would just need to scale up the mill when they get the orders. They said in the PEA overview that with a 27 year mine life they will only use 10% of their mineral resource, but they have much more graphite than that on their approx 43000 acre property. They have taken hundreds of surface samples showing this, it just needs to be drilled before it can be put into a 43-101 resource estimate, there are better ways to spend money right now, but it is there, arguably the most valuable graphite assets in the world, ridiculosely undervalued by poor markets. I wouldn't be surprised if their mineral claims alone were some day given a value of 1$ per share.
https://alabamagraphite.com/wp-content/uploads/AGC-PEA-Overview-160311-screen.pdf