ENERGIZER RESOURCES INC T.EGZ

Where is our off-takes?

[tiger6301]

I wish EGZ management has been able to move our Molo project ASAP without further delay, both the Feasibility study and off-takes, otherwise, it will only collect dust. Here is another big piece news. Looking forward for the new year, good luck to all! tiger https://resourceinvestingnews.com/80301-magnis-resources-sinosteel-nachu-graphite-tanzania-asx-mns.html

[frewil1]

Ya it looks like Magnis Resources has had some major developments of late, [ off takes and FS completed ] they are listed on the ASX , but I also noticed that there basically hasn't been much of a positive market reaction to all this excellent news, don't follow that  exchange at all but it really makes you wonder if simaliar developments happen to Energizer if the market will even

[tiger6301]

My sense is there are so many "to be graphite producers" and it is a race. There are abundant graphite available in the western world outside China, the first movers will prevent others entering the market. Good luck to all for the 2015! tiger

[Doingmybest]

I agree with your thoughts frewil. We've been here long enough to see the NI, PEA, and other important documents released only to see a short bump followed by a continued depression. My belief at this point is that we need an offtake/MOU that creates value for our resources, and we further need some sort of secured funding to build the mine. Last report said they need around 160 million in

[frewil1]

It just seems that they have been distributing samples for a couple of years now, why would they not have had higher purity samples done before , is this going to prolong the releasing of the FS even longer now ? 

[tiger6301]

That is only my understanding that the samples for the last few years were only coming from regular flotation process, with a typical purity of 94-96%. The "purified" samples need further processes after flotation (thermal or chemical) to get much higher purity (>99%). I assume the user is trying to asscess what is the maximum purity he/she can get from EGZ's regular flotation