BobGreenfield wrote: Notanironman, I suppose if you believe market segmentation numbers mean something without knowing recovery numbers of any of the steps to make suitable graphite for any of the targeted markets, then it was good news.
Albany success isn't based on theoretical market segmentation, it is based on the ability to economically mine material to satisfy whatever market(s) the end product suits.
You're starting with 3% ore and you have received no indication of what the recovery has been at any step along the way to an end product. You do know that the Albany graphite tested to suit LIB needed to be shaped and coated and that was after apparently meeting the basic purity requirement.
Now you have results for basic requirements in the fuel cell environment and it is yet to be seen if further processing will be required in advanced testing.
The metallurgical process has already proven to be much more complex than "simple and cheap" as the lengthy delays have clearly demonstrated. Impurities all the way from the initial ore have been an issue for metallurgical, again being demonstrated by the lengthy delays in metallurgical.
Recoveries have not been disclosed and regardless of being able to satisfy market sector requirements, if enough end product cannot be derived from the initial ore economically, the mine will never go forward.
For investors, the breakdown of recoveries at every stage of processing and purification is paramount to make best investment decisions.
That's my analysis of the news, care to counter? There's nothing in what I have said that you can debate but go ahead and try.
Regards
notanironman wrote: eh Bob !