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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 riverrockon Feb 13, 2015 3:29pm
143 Views
Post# 23428466

RE:RE:RE:Good News for EGZ? I hope so.

RE:RE:RE:Good News for EGZ? I hope so.The Feasibility Study filed with SEDAR on August 8, 2014 by Focus Resource for their Lac Knife Project indicated the project was economically viable and has the potential to become a low cost graphite producer based on 7.86 million tonnes (429,000 tonnes Proven and 7,428,000 tonnes Probable) Reserves grading 15.13 Cg. Focus is the only graphite producer beside Energizer who has indicated Proven and Probable Reserves. Energizer has14,170,000 tonne Proven and 8,367,000 tonne Probable and a Full Feasibility Study. In addition the Australian Companies (Syrah and Magnis) have indicated that they have binding off-take agreements with large Chinese companies, but have yet to provided full-feasibility studies and have no proven and probable resources. Could it be that such off takes - could be - to keep other graphite explorer/developers from going into production?
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