re: Ann: Graphite Assay Results received - Ar...
Captain & other
MOX got the top spot ( out of these three) , due to it's awesome flake size , supported by 9 to 16% CG ( Carbon Graphite) , a average 800 micron or 0.8 mm, thats twice the size of JUMBO
most others Graphite companies that i follow ( only 23) only have a small % of JUMBO size .
Size does matter , and having this report from 2006 , takes a lot of risk out of this stock .
eg. AXE sugarloaf it sounded great , at first , a lot of people bought because of it, i did not , it's amorphous graphite only good for pencils , now everything hinges on the next Commpana , not for me .
Talga looks much better , with JORC in place , in development state , big potential , a lot less risk, waiting for drill results . FS by year end maybe ,
I got no idea what MOX management is like , but they want to get the drill in the ground asap , how much cash is there ?
Captain you said (but the purity in the ground is much lower than TLG) , i think you meant to say CG% is lower , purity comes with washing and size,
these flakes will be worked to 3 to 5 atom thickness, and hopefully stay big and strong .
Book formation : ? an indication to me , the flakes could separate easy ,like the pages of a book , you can see it on the picks .
Resource size matters but knowing you got GIANT flakes and 9 to 16% CG is more important and will be favoured by investors in the future . all imo.
glta
MOX Price at posting:
7.8¢ Sentiment: ST Buy Disclosure: Held