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.

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Gratomic Inc > crypto payment

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Comment by Candymanon Jan 21, 2021 9:43pm

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Post# 32356426

RE:crypto payment

The crypto contract is for SG16 battery grade graphite. It's contracted at $5,000 USD per tonne.

This has not been spheronized yet at this stage. One graphite is spheronized it can sell anywhere from $7,000 to $13,000 per tonne USD.

There's a big difference between flake and Vein Graphite, which is coming from Aukam.

Here's a link to a twitter post by the company explaining the crypto deal better.
https://twitter.com/gratomicinc/status/1349460827355578368?s=21

I would also recommend reading this write up from another very knowledge guy about graphite and his thoughts on Gratomic. Take a few minutes, it's pretty accurate.
https://docs.google.com/document/d/1ZPDMtlVx3Ghpi6aN3kLFdyoyhQWO4g6CmhOAxSLW3l4