Bullboard - Stock Discussion Forum 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... see more

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Gratomic Inc > crypto payment

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Post by smallcapguy7 on Jan 21, 2021 8:23pm

crypto payment

Having a bit of a hard time wrapping my mind around this whole crypto asset side. Why is the company not just dealing in fiat currency?

Also what kind of revenue does this graphite produce if plant max output is 20,000 ton per year? Prices im finding are around $1000 per ton, which would give gross payment of 20M which doesnt seem that great considering all the processing costs incured.

If someone with a good understanding of this could provide insight I'd appreciate it.

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Comment by Candyman on Jan 21, 2021 9:43pm

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 ...more

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Comment by smallcapguy7 on Jan 22, 2021 10:27am

Unbelievable all the spam it buried this thread pages deep. Anyways consumed most of my evening last night reviewing your response as well as attachments and other comparisons, and I must say, the numbers are COMPELLING! I wonder in the back of my mind though with this great of an asset, why did it sit around for so long? Ill investigate further on this to see if I can get to ...more

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Comment by Candyman on Jan 22, 2021 11:57am

No problem. Feel free to go to CEO.CA $Grat and check my post history under Candyman as well. I've gone through the entire history of the Aukam mine. past workings, history, current information and what the company is looking forward to achieving in the future. As most everyone knows I'm close to the company and best friends with Arno. I enjoy helping spread the positive ...more

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Comment by smallcapguy7 on Jan 22, 2021 12:28pm

Sounds good, Ive got a bid in now to dip my feet in it. I still view this still as farly speculative, but am happy to see your confidence! Good luck!

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Comment by Candyman on Jan 22, 2021 12:34pm

Just an FYI, Gratomic is literally 10 weeks away from going into commercial production and is fully licensed. Compared to other graphite mines, Gratomic is the least speculative. Good luck to you as well. Cheers

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