Originally posted by 564xxl
Dear Tanzania
EcoGraf means we are not reliant on Epanko.
It means that nobody wanting Battery Grade anywhre in the world is reliant on Tanzanian Graphite
It means all those feedstocks tested can be used instead of Tanzanian Graphite....and potential hundreds of other non Tanzanaian feedstocks
Note Tanzanian graphite is still in the ground...not just our tenements ...but those held by so many other companies too.
And whats easier......expand an existing Graphite mine or start a new one (especially with your very detailed and difficult mining regulations???
Those countries will reap the benefit from their existing mines
And as they expand their mines the value of the still in ground graphite in Tanzania will drop.
Just saying...the window of opportunity to take advantage of a world that will shortly be desperate for graphite, just shrank. A lot. Have a great day in any case
A Graphite investor who can now see clearer into the immediate future.
564xxl
PS. Don't get me wrong I want Tanzania to thrive. It is a marvellous country. And I want the people to share in the mineral wealth. But put the pieces together...if you don't move on your graphite potential really soon the world is going to simple move on and leave you stranded. And graphite in the ground isn't worth a lot.