GREY:ABGPF - Post by User
Comment by
Pragmatist2016on Dec 24, 2016 1:22pm
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Post# 25642664
RE:RE:awesome... read this two articles
RE:RE:awesome... read this two articlesInteresting development ... The Chinese, who have a 20% export tax on graphite will be rescinding the tax in January 2017 ... Which indicates they have enough supply of graphite for 2017 ... Normally, that would drop the world price of graphite but because of Trump's impending "Buy American, Hire American" policy, that in fact might not be the case this time.
2017 is the year for Alabama Graphite.
I hope we see major announcements, including one or more of the following:
- A press release confirming positive results from samples sent to the half dozen players interested in American sourced samples
- An offtake agreement or a letter of intent from one or more of the companies like Johnson Controls, Total, Eagle Pincher or any one of the dozen potential customers with operations in America
- An announcement from the US government confirming assistance in developing the mine
- A partnership agreement with a synergistic party, like Syrah Resources or Namaska Lithium? Or a dozen others out there.
Good luck to all ... Merry Christmas and Happy New Year.