just doing some calculations on potential revenue, being very conservative with numbers
indicative pricing for graphene is around $100-300 per gram, so lets use say $5 per gram which gives us $5,000,000 per tonne
MRF hoping to mine around 5,000 tonnes per annum of vein graphite, so lets say they get to 500 tonnes per annum
graphene yield from graphite stated at 40% (and set to improve), so lets say they manage 10%
so... that would be 500 tonnes of vein graphite mined, producing 50 tonnes of graphene, with a sale price of $250,000,000, per year
can someone check my math? looks like a potentially very lucrative operation here...
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