Post by
chry200030 on Apr 15, 2024 11:27am
not IF, but WHEN
"Within four months of securing funding, we anticipate that the Aukam plant will be producing graphite. At this junction it is more important to do the right deal rather than the quickest deal. We expect Aukam to become profitable within 12 months of commencing production. This is a major objective and one that will set Gratomic apart from many graphite producers. Well over $30-million has been spent to build the plant. The company does not have any material debt," said Mr. Baillavoine.