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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 by User

Comment by Presclubson Oct 21, 2013 10:18am
146 Views
Post# 21833031

RE:Working with Caterpillar-moving along.

RE:Working with Caterpillar-moving along.
This is great news.  It shows that lots of companies want to be involved with this project, except the market for now.  So they have a partner with a National company, a partner to build the mine, a partner to run the mine, and now the largest equipment maker wants to be involved.

Patience will win out for the investor on this one.  I don't know when, but a few more steps and this is going to takeoff.  With the last report showing a IRR of 48%, and a new BFS coming, I would be suprised it if the BFS will show a IRR of 55%-60%.  Truly incredible in the mining business.
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