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ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."


TSX:EGZ - Post by User

Bullboard Posts
Comment by Mymoolah1on Mar 18, 2013 2:37pm
200 Views
Post# 21146577

RE: 30 Million $

RE: 30 Million $

Million,

 

You are completely missing the point. There are many ways of raising money that do not merely involve dilution. Some time back the board explored a number of possible scenarios for financing. Most of the financing will likely come in the form of an offtake agreement. Any potential partner will likely want a full bankable feasability study at a minimum. The question is how much this will cost.

The capex is extremely low with an incredible IRR of over 40%. If this doesn't make your eyes water, I don't know what will. Companies wanting a steady supply of future low cost, large and jumbo flake graphite have to be watching this company. It would hardly be onerous for them to advance a few hundred million dollars to secure this stream.

This company does not stand still and vacillate. Just look at their track record and you will see the phenomenal speed that they have advanced Molo. One other point - Molo represents just a small part of their massive land package. They have lots of other targets. Molo will be the catalyst to finance and open up the other potential

Just my 2c,

Mymoolah1

Bullboard Posts