Post by
frewil1 on Jun 13, 2014 12:00pm
NEED AN UPDATE
My biggest worry right now is how much money is it going to take to get their new mine up and running , the problem I see if they need a substantial amount and they are forced to do a financing at this low share price , this is the big problem right now in the junior resource sector, i'm crossing my fingers that maybe financing will come some other way being that they could be close to production, I did email the company and they did reply saying that they are very busy and exspect updates soon [ about 4 weeks ago ] I can't exspect them to tell me anything more than that. What do you guys think.
Comment by
bossman on Jun 13, 2014 12:19pm
I am hoping that nrt can secure a offtake for thier amorphous graphite and have money from that to help fund El Tejon. El Tejon will need money but nrt must be at a huge advantage from other graphite companies seeing how they are actually selling amorphous graphite i would think most the equiptment at el tejon FLAKE mine and mill is already in place from the past. holding strong
Comment by
frewil1 on Jun 13, 2014 12:32pm
I guess a number of senarios could unfold here, I feel getting a JV deal in place would be a huge step forward also.