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Graphite One Inc V.GPH

Alternate Symbol(s):  GPHOF

Graphite One Inc. is a Canada-based mineral exploration company. The Company is focused on developing its Graphite One Project. The Graphite One Project is proposed as a vertically integrated enterprise to mine, process and manufacture anode materials primarily for the lithium-ion electric vehicle battery market. The Company, through its subsidiary, Graphite One (Alaska) Inc., is evaluating the graphite resources on its Graphite Creek Property (Property) near Nome, Alaska. The Graphite Creek Property consists of 135 State of Alaska mining claims (State Claims) and 41 state selected claims (SS Claims). The Graphite Creek Project is envisioned as a vertically integrated enterprise to mine, process, and manufacture Coated Spherical Graphite (CSG) primarily for the electric vehicle lithium-ion battery market.


TSXV:GPH - Post by User

Bullboard Posts
Post by ssthvon May 26, 2015 8:02am
166 Views
Post# 23763922

Can someone elaborate on this please?

Can someone elaborate on this please?From this press release

https://graphiteoneresources.com/news/2015/index.php?&content_id=223


...distinct properties of the Graphite Creek mineralization  As identified by TRU, these distinguishing features can be described as Spheroidal, Thin, Aggregate and EXpanded, or STAX – and the Company is applying for registration of the trademark STAX in association with Graphite Creek graphite.  The Company believes that STAX has the potential to have a positive impact on the Preliminary Economic Assessment (“PEA”).


But what I don't like is what comes after


The Company and TRU cautions that significant additional research and development (“R&D”) is required to firm-up these findings for the Project.

My feeling is that many players are more advanced thant Graphite One, is STAX important enough that delaying and spending money is a good idea? Couldn't they fastrack the PEA and elaborate more on STAX once money is coming in?

Thank you
Bullboard Posts