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Bullboard - Stock Discussion Forum 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 Discussion

ENERGIZER RESOURCES INC > FS non event in market.
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Post by frewil1 on Feb 10, 2015 11:30am

FS non event in market.

Well waiting all this time for the FS to come out and the market not even blinking is frustrating to say the least, Energizer has been sending out their product for a long time now to potential customers and everyone here [ including me ] has always stated wait for the FS to come out and then the offtakes will get signed and hopefully even financing for the mine, you would have to think as time goes on and no deals are made the chance of a mine ever getting built will become less and less. GL
Comment by Doingmybest on Feb 10, 2015 12:07pm
Supply is great, 53k/yr and the project will turn a profit. Current market is 375k/yr of flake. Can the market absorb 53k? Who can use it?  Once demand marterializes, the project will move forward. EGZ still needs 160 million to build this mine, a big number when there are 0 MOUs or off-takes.  FS largely confirmed numbers laid out in the 2013 PEA, but we need a buyer, just as many of ...more  
Comment by juniorcal on Feb 10, 2015 3:17pm
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