So Mr Bear, what is Vein Graphite worth and how do you figure out the cost? I realise we are into Graphene but it starts as Graphite.
I can't find anything to do with the actual cost of the stuff on this thread, once again you could of had a better title..
Is it bought by the purity per kilo?
I see BBR have 90%-98.6% TGC purity in an announcement today. Same place same stuff might interest a few punters.
"Highlights
First analytical results received for Kingfisher drilling
Several high grade intercepts identified (90%-98.6% TGC)
Concentrate derived from simple crush and flotation delivers 99.4%TGC EL/247 (62 sq km’s) renewed for a further 2 years –
BBR’s Paragoda Project Bora Bora Resources Limited (ASX: BBR) (the Company) is very pleased to announce high grade graphite intersections from its recent drilling program at its Kingfisher Project in Central Sri Lanka, Figures 3 & 4. ALS Metallurgy Laboratories in Brisbane and Adelaide have confirmed the following outstanding results: Key intersections include (all intersections are downhole lengths);
PLB011: 0.40m @ 98.6% TGC from 62.8 metres
PLB004: 0.07m @ 96.8% TGC from 88.2 metres
PLB004: 0.40m @ 96.0% TGC from 90.3 metres PLB004: 0.06m @ 90.6% TGC from 93.0 metres
PLB004: 0.03m @ 90.0% TGC from 57.0 metres Graphite Upgrading Testwork
Graphite concentrate produced at 99.4% TGC after crush and bench flotation tests (without any need for acid or chemical beneficiation) by ALS Metallurgy Adelaide.
“The high grade out of ground and concentration test results are extremely pleasing which again confirms the purity of Sri Lankan graphite and the potential of BBR to become a low cost producer of premium grade graphite given little beneficiation work will be required.” Chris Cowan –Executive Director BBR.
MRF Price at posting:
5.3¢ Sentiment: None Disclosure: Held