BKT 7.89% 3.5¢ black rock mining limited

BKT creeping up, thin on the sell side, page-6

  1. 3,331 Posts.
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    Hi All - First post today.

    BKT  certainly looks the goods with there 99%.1 metallurgical results and has built their Graphite resource into a World class deposit IMO :

    have a look at the link below if you havent already studied it - i would suggest its far superior to some in the close vacinity and even places like Mozambique- i must to a Grade % comparison with SYR when i get time as i think we may even have better grades - SYR have approx 10 times our resource so wouldn't that make our share price sit comfortably around 50c


    http://www.blackrockmining.com.au/pr...ncial-studies/

    Black Rock Mining Limited (ASX:BKT) is focused on developing its Mahenge Graphite Project, which holds the largest high-grade flake graphite resource in Tanzania and is one of the largest contained graphite resources in the World. The Mahenge Project is undergoing a Pre Feasibility Study (PFS) which is due for completion in August/September 2016, following positive scoping study results earlier in the year.

    A global resource of 131 million tonnes at 7.9% TGC holds 10.4Mt of contained graphite. This extensive resource contains a high-grade portion of 37.6Mt @10.2% TGC, or 16.7Mt @11.1% TGC.

    Metallurgical test work indicates excellent flake size and quality with up to 99.1% TGC concentrates produced from a simple four stage flotation process. This provides potential to manufacture battery grade spherical graphite without the expense and environmental impact of a final chemical purification step.

    The large resource with high-grade zones, high proportion of coarse flake and potential to produce exceptionally high purity coarse graphite flake offers flexibility to develop a long life mine that can supply high quality graphite products to customers for decades.

    Our focus

    • Developing the Mahenge Project into a long-life producing asset
    • Develop downstream value-added processing capabilities
    • Leverage our exploration capabilities to discover and develop new assets

    cheers GRAPHITE101
 
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Last
3.5¢
Change
-0.003(7.89%)
Mkt cap ! $66.35M
Open High Low Value Volume
3.8¢ 3.8¢ 3.3¢ $127.0K 3.565M

Buyers (Bids)

No. Vol. Price($)
3 158893 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 199145 1
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