PhoebeYou are correct Northerns fines are worthless why do I say that? Quite simple they do not have any fines.
I think I said that FMS fines were essientially worthless they do have some value but the amount of fines on Lac Knife property when mined brings down the price per ton FMS will get for their product.
For your information flake size distribution of NGC
+32 (XXL) 7,000,
+50 (XL) 19,000,
+80 (large) 13,500,
-80 to +150 (Small med) 5,500.
+150 (fines) Zero
Total tons 45,000
Feasibility study price $1800.00 current price $1,600.00
So as you can see 23% of FMS is fines which lower the total selling price of the graphite versus NGC of zero fines.