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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

Comment by WB68102356on Jan 06, 2017 4:00am
134 Views
Post# 25674097

RE:RE:Thing's don't add up

RE:RE:Thing's don't add upRiver;

Agreed with GTRT.  All this talk of giant-sized projects coming on stream is a tangible negative for the slower coaches like ENZR.

IMO, SYR is frankly just not a real option and the sudden resignation of their CEO late last year is only the tip of the proverbial 'berg. It is just not realistic that a new entrant is going to come in and ramp-up to around 75-80% of current global consumption; without a corresponding rapid increase in global product demand and/or loss of production capacity from existing supply.

So, SYR will probably end up producing <50kTpa, which for a plant designed for +250kTpa is not economic. My view on the issue - we'll see how it plays out in reality.

In any event, it doesn't matter how much good news comes along about the growth in graphite sector demand, it means absolutely nothing for ENZR unless and until it gets itself an off-take and into production.  They still haven't got their mining permitting, much less an offtake for their material.

Without these, ENZR will remain on the sidelines, where it has been languishing and making promises for the past 4 years, while other industry players ramp up to meet this projected demand.

Mining & environmental permits > off-take partnerships > & actual works on-the-ground.  That's the main thing; frankly, that's the ONLY thing of relevance to ENZR at this point in time IMO.  Everything else is just talk and wishful thinking, something ENZR investors have had more than enough of already.

WB
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