Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro

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Banca I.F.I.S Spa

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Comment by Eindhovenon Jan 09, 2014 8:35am

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Post# 22073008

RE:RE:RE:RE:how many other graphite companies have local miners bringing

Amorphous doesn't sell for as much as flake, but it also doesn't cost as much to produce. I love the way this company is going. Just start mining and selling. We aren't talking about production in 2015 or 2016. Production in 2013. And if they can sell to one customer, my bet is that other customers will like the product as well. So I don't think we will stay at 100 to 200 tons a month for very long. The current revenue means less potential dilution to finance development of the other mines, which includes past producing flake mines. I don't agree with the posters that say this isn't a speculative play, it definitely is. But I like the story and the strategy, and I can see others do as well. Yes, in the grand scheme of things, 760 tons is not a very high number. But neither is the market cap at 10 or even 20 cents a share. Lots of potential upside here.

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