Material Taken from a recent review
Mason Graphite Inc. (LLG:TSX.V) has the Lac Guéret deposit in Québec, a discovery of fairly recent vintage. It was discovered as a graphite deposit, unrelated to any gold or iron exploration. The grade of the ore appears to be even better then Focus' project. Where Mason can go with this is wide open, but the company definitely has the right materials to start with. It's possible that the high grade could lead to much higher purities and higher prices. That would benefit the bottom line, because it would allow the company to sell high-end product out of the mill, and capture premium pricing sooner in the value chain. BK: Graphite has experienced big price swings in the last five years. A $500–600/ton price for lower quality material is just about the cost of production. Higher-quality material ranges from $1,500–2,000/ton. There has been very exotic, one-off, super-high-quality material that sold for 10 times that, although not just any company can build a mining model using a $20,000/ton price, which is exceptional. TMR: What do you use as a standard price? BK: To be very conservative, I look at numbers in the $1,250–1,500/ton range for really good, high-quality material at the 99.9% level. https://www.theaureport.com/pub/na/wave-of-the-future-investment-from-the-ground-up-byron-king