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Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Gratomic Inc. is a Canada-based exploration and development stage company with projects in Namibia, Brazil, and Canada. It supplies graphite and is engaged in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine and ongoing exploration at the Capim Grosso property. The Aukam property includes a mining license (ML) 215 (5,002 hectares (ha), in respect of base and rare metals, industrial minerals, and precious metals), and an exclusive prospecting license (EPL) 8746 (49,693 ha, in respect of base and rare metals, industrial minerals, and precious metals). The Aukam property is located in the district of Bethanie, Karas region of southern Namibia. The Capim Grosso Graphite project is situated in the center-east portion of the Bahia State, 280 km from the port of Salvador, the state capital, and 166 km from Feira de Santana and covers over 6,312 ha. It also owns a 100% interest in the Buckingham properties located in the Province of Quebec.


TSXV:GRAT - Post by User

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Post by db2067on Jan 13, 2021 3:03am
180 Views
Post# 32282880

Gratomic Details 2 of x

Gratomic Details 2 of x“Just wanted to put something in perspective for you guys. TODAQ contract is for 5,000 tonnes over 3 years. That works out to roughly 1667 tonnes a year. And now remember that GRAT has a stock pile sitting at the mine ( I believe in the 1500-2000 tonnes area). So I'm guessing that stock pile will be used to fulfill the first "year" for TODAQ. Now that just leaves 1667 tonnes over two years. And with the mine producing 20,000 tonnes in call in 6-8 weeks (depending on commissioning etc), thats LESS THAN 10% of our yearly capacity. And we are getting USD$25 MIL from that contract ( on the save side at 30 cent for TDN could easily be 75MIL). That still leaves us 90% of capacity a year (18000 tonnes) and call it 3000USD a ton (SUPER SAVE) which is 54,000,000USD A YEAR! So let's play the other side here. "TODAQ deal is fluff" "TODAQ has no value". Ok congrats. But we still have 18,000 tonnes of Graphite to sell a YEAR! Anyways, just wanted to get my thoughts out there. Despite some peoples thoughts, I think this is a great NR for GRAT moving forward, I get the skeptics about TODAQ but remember, this deal is for LESS THAN 10% of our YEARLY capacity. I will be buying more stock. “
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