Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified, and Coated spherical purified. The advanced carbon products include ALD-Coated graphite, Graphene, and Carbon composite materials.

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Great Lakes Graphite Inc > First order announced

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Comment by Floridas2000on Aug 02, 2018 10:23am

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Post# 28403829

RE:RE:RE:RE:RE:First order announced

iamburt2 wrote: 1 lb = 453.59237 g.
50 lb = 22650 g
22650g X $100/g = $2,265,000
100 lb = $4,530,000
Where did I go wrong?

I don't think they're charging $100/g anymore. If it's commercialized it must be much more affordable or companies wouldn't use it. It has to be more expensive that high purified graphite so greater than $2000/ton. They're selling by the ton so that's probably how it's priced.. If they use the graphene as an additive, the customer wouldn't have to use a lot of it. But let's say they use it in oil it will increase the life of the oil or make concrete stronger and that will justify the price and give the company a competitive advantage.

Either way exciting times.

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