Alabama Graphite Corp. Com ABGPF

Beautiful ... They only need $43 million to get this rolling

[vessob]

Table 1-4: Coosa Project Capital Cost Summary

Capital Category	Total Capital ($M)	Preproduction Capital Year -3 to Year -1 ($M)	Production Capital Year 1 ($M)	Sustaining Capital Year 2+ ($M)
Open Pit Mining	8.3	1.1	0.8	6.4
Milling & Flotation	33.6	11.7	0.0	21.9
Purification Plant	32.5	11.9	0.0	20.6
Infrastructure	8.9	2.4	0.3	6.3
Environmental	1.3	0.0	0.0	1.3
Indirects	24.0	10.0	0.1	14.0
Contingency	18.9	6.1	0.1	12.7
Total	127.6	43.2	1.2	83.2

Initial capital requirements (pre-production) are estimated to be $43.2 million. Production starts in Year 1 and the tail end of the start-up capital requirements will be partially offset by revenue in that year. Capital requirements for Year 1 total $1.2 million.

Leasing is applied to the overall mine capital requirements and only the 20% down payment of the initial capital cost is reflected in the mining capital cost summary. The indirect and contingency values vary by capital cost item.