GREY:ABGPF - Post by User
Comment by
1stRuleon Nov 27, 2015 10:28pm
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Post# 24333926
RE:RE:RE:RE:RE:RE:RE:RE:How to value Alabama Graphite now? Share price?
RE:RE:RE:RE:RE:RE:RE:RE:How to value Alabama Graphite now? Share price? Working in government (mind you Canadian and not provincial) I agree that permitting processes are painfully slow. That said, I've also seen how political expediency can cause processes to be signficantly sped up, in particular if it will help a politician's re-election campaign. It LOOKS at least like Alabama's general election is next November; having a new mine in operation, potentially selling to a "large battery manufacturer", providing both jobs and tax revenue would look good for a candidate. You're probably right though and it is more likely that it will be 2017, 2018; BUT, with at least some of the preliminary work already done on the FS as well as significant local interest in getting the project up and running 2016 is still doable. Optimistic, but not impossible.
VIKINGSTORM wrote: I can't imagine being in production next year. As stated in the PEA the FS will take a year and by the time permits are granted and the process plants are commissioned it couldn't possibly be any less than two years before production. Three years if everything goes remarkably well. Normally the government permitting process ( without some form of expediation ) is painfully slow.