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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

Comment by Candymanon Apr 22, 2021 10:47am
129 Views
Post# 33044388

RE:RE:RE:RE:RE:Look At All The Pumping

RE:RE:RE:RE:RE:Look At All The Pumping

Just to correct your assumptions.

Gratomic is fully licensed and permitted. received mining license ML 215 from the ministry of mines and energy in Namibia March of 2020

The company has ZERO debt with NO DEBT vehicles attached to the commercial on-site processing plant at Aukam.

The company has just over 10 million dollars in the bank and is more than funded to continue operations in 2021 with revenue starting later this year from graphite sales. Along with 53 OEM battery manufacturers around the world currently testing the vein graphite from Aukam at a lab in Toronto, Canada, along with ALD coating testing currently going on at the company's new partner Forge Nano out of the USA. Who is financially backed and partnered with Volkswagen, LG and several other large companies.

The company also has a 19 year signed lease agreement with the farmer / landowner with first rights to renewals on a five time term. 

Also note the landowners grandfather was a foreman at Aukam during 1940 to 56 when the mine was in production. His father was a foreman during 1964 to 74 during the mines second production phase before Namibia started its gain for independence from South Africa, which it achieved in 1990.

Now the farmers son actually works at Aukam for Gratomic helping to build out the mine and will be a plant operator once commissioning is completed in the upcoming months. 


The company currently has an extensive drilling campaign going on at Aukam, to continue the resource discovery from their 2016-17 drilling and electromagnetic survey testing results. These results will be released soon to the public and will definitely solidify Gratomic as one of the key players in the graphite industry. 


Have a great day. Cheers 
 

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