RE:i was reading about Masson.. Mojo,
The upcoming FS will be based on a yearly production of 100,000 tonnes of flakes. This will increase the NPV and IRR which I think will at least be similar to those of Mason.
This FS wwill also be based on all-electric operations which will allow NOU to most likely acheive the lowest environmental footprint of the graphite industry.
Mojodaclown0 wrote: They finaly got their enviromental permit, their plant suposed to start layout at the end of the summer , mine site build up in a couple of weeks ... They still have to finance the major part of the project...
Both mines supposed to produce 50 000 pds of graphite per year ( 50k masson 52k nou ) ..
The economics are on a fighting ground and seem to be on nou 's side when you think of it in a real way ( proximity , demo plant , hydro ) , but masson is first to the bat and has the F-S studies to prove it..That is true .
To be producing flake graphite first, then value added products will be a huge step in showing the market what NOU is about , F-S could beat LLG economics .. Plant ready to use.. Proximity.. Hydro's expertise..Grade stability .. Better economics by the day ..
not many days left until we get the news that NOU is a flake graphite producer, invested in both cheers and GLTA