GREY:ABGPF - Post by User
Comment by
dirty101on Nov 20, 2017 8:02pm
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Post# 27000223
RE:DYOR is critical for Alabama Graphite
RE:DYOR is critical for Alabama GraphiteI really don't think it's going to take until 2025. I'm hoping 2018 is the year.
This company is just one off-take agreement away from getting the mine built. With the low initial capex in the PEA it's very well possible they could get financing through their customer or at least some funding from the government.
Consider the following from their latest corp update
s the Feasibility Study is expected to take no more than ten months (maximum) to complete from its commencement, coupled with the fact that Alabama-state permitting — expected to take no more than six months to complete — can be commenced concurrently, the need to produce a significant amount of battery-ready graphite materials was far more important to the Company than starting the Feasibility Study
The priority right now is getting material out there for customers to test. As soon as they find the right partner this is going to start moving fast.