BKT 7.89% 3.5¢ black rock mining limited

To the HC investment community - thought I would bring this...

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    To the HC investment community -

    thought I would bring this information forward, mainly for those who have not seen it, to come and take a closer look - Im sure others who are close to the companies activities and developments will already know about this information however may appreciate this as it allows further profile on this fantastic graphite asset and put the "spotlight" on BKT's current status - Link Below is July 2016 Presentation


    http://www.blackrockmining.com.au/wp-content/uploads/2016/07/1573038.pdf

    BKT seem to me like they have one of the best deposits in the graphite space, strong management and heading into feasibility phase coupled with looking for offtake agreements being major catalysts
    - this is what ive been looking for in the graphite/graphene space-

    Im not interested in large issued script companies with EPS dilution once they hit production etc....

    BKT capital structure is excellent

    Capital Structure

    Shares on Issue 285m
    Quoted Options on Issue 75m
    Market Capitalisation A$46M
    Directors’ ownership 29%
    Cash in Bank A$2.4M


    I think BKT could time the graphene bull market perfectly especially if they can supply multiple facets of the graphene industry other than just batteries... im referring to industrial coatings, nano technology etc...

    BKT deposit compared to its peers is probably fair to say its superior based on recent metallurgical results and 99.1% TGC - being necessary for the lithium battery space


    In terms of Graphite plays ive learnt alot about what to look for as every deposit can be different - looks to me that BKT have the goods over many other hopefulls and their EV is in great shape compared to peers as are their grades TCG (TOTAL CONTAINED GRAPHITE)

    Also people who are reading this coverage on BKT check out the PRESENTATION BELOW - Looks like feasibility study due by end of 2016 and they also looking at offtake agreements - alot happening here for BKT and they may just well be the Graphite play to look at if your considering a long term play

    So what do we have ?????????

    1) Graphite resource discovery of 131Mt @8.9% TGC* including 37.6Mt@ 10.2% TGC

    2) Exceptional metallurgical characteristics achieving >99 % TGC flake purity with scope for further improvement
    . Premium pricing for premium flake

    3) Potential to manufacture spherical graphite for Lithium Ion Batteries (LIBs) without chemical purification.
    Additional price premium on success

    4) Pre Feasibility Study underway utilising a World class technical team
    . Simple logistics


    More recent information on BKT :

    HIGHLIGHTS
    • Cascades zone is returning very wide zones of graphite mineralisation, currently up to 200m at the central zone.
    • Cascade drillhole logging indicates higher grades of mineralisation compared to the Ulanzi zone, with coarse flake size and a deeper weathering profile
    • Drilling programme expanded to incorporate wider graphitic zones into resource envelope
    • Infill drilling of Ulanzi completed mid July 2016 with incoming assay results confirming 2015 drill results. Updated resource expected in September 2016

    Kind regards Graphite101
 
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