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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

Post by SeedsofDoubton Mar 12, 2022 2:55pm
180 Views
Post# 34509248

Quick Math Question again for Gabe

Quick Math Question again for GabeCommercial production is slated for Q3 of 2022 for the 1,200 tons per month. Meaning the first 600 tons per month in Q2 of 2022 will be 70% prepaid in advance in Q2. 70% of $4,860,000 equals $3,402,000 will be deposited into Gratomic’s account in Q2 of 2022. Pretty nice first paycheck during the calibration and start up phase of Aukam. Congratulations all longs.

According to your post...If Production is slated for Q3 how do you get paid for production of 600 tons, when you are producing ZERO tons?
Just wondering about how the 600 tons produced will happen
Just thinking out loud
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