GREY:ABGPF - Post by User
Comment by
The_Guruon Dec 02, 2015 4:11pm
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Post# 24348069
RE:It is not the Product it is the Timing!
RE:It is not the Product it is the Timing!Does anyone know the qualifications for BKM. His website says he is a professional analyst but his education is listed only as University of Chicago. Qualified analysts would normally have their degrees listed. For all we know he could have graduated in drama or social studies. Cannot think of anybody with any intelligence having a drama education, and yes I am looking at Trudeau.
The bottom line is...... If there is a demand for the product than the mine will get built. Things can happen concurrently. If management likes the PEA and believes in the integrity of the report, and if graphite samples are up to high enough standards for Tesla, than we could get an offtake quite early in the process. If management wants to proceed they can start preparing the mine site before the Feasibility study is complete. The idea of this taking 3 years is wrong. The FS is required to get financing and such, but if they proceed with a 50-50 equity debt financing for $40 million, they will likely get that no problem if they have offtakes and are ready to mine.