OGI 0.00% 0.5¢ ogi group ltd

They are retaining the experience from Balama, and the samples...

  1. 5,278 Posts.
    lightbulb Created with Sketch. 141
    They are retaining the experience from Balama, and the samples are already at the Lab..

    "OGI also acquired local market expertise, relationships and >10 years in country operational experience through the Balama acquisition".

    So we wait a month for the lab results and Balama will advise accordingly on any drilling or exploration..

    "Initial exploration work completed to de-risk assets and to prove up graphite mineralisation on the Balama tenements. Samples submitted to SGS Laboratories for analysis with preliminary results expected within next 4 weeks".

    " Mozambique confirmed as world-class graphite province with largest graphite resource in the world proximate to the OGI tenements. (Syrah Resources 1.2 billion ton graphite & vanadium deposit)
    Adjacent Triton Nicanda hills graphite deposit hailed as one of the world’s largest high grade graphite deposits (103Mt inferred) with a >500Mt exploration target.
    Balama graphite licences shows potential to host world-class graphite & vanadium deposits with graphite outcropping and positive EM results.
    Strong market fundamentals for graphite which has been declared as a strategic mineral by the USCG—selling for >US$1,000 per ton (>US$3,000 per ton for battery applications)."

    If we find high grades of graphite, do you not think that TON and SYR will not want a piece of the action?
 
watchlist Created with Sketch. Add OGI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.