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Re: checkmate28 post# 33200

Monday, 03/13/2017 10:22:17 AM

Monday, March 13, 2017 10:22:17 AM

Post# of 35717
DNI.ca DMNKF The significance here? While DNI is not making a lot of cash wholesaling graphite, it is establishing off take agreements and proof of its ability to market and sell graphite. This is great business in the sense it will establish credibility for the company and its management and help when it time to go to raise money for the production facility or to gain the trust of other companies for larger graphite off takes when they get into production. The saprolite and DNI'S low cost will allow DNI to sell graphite to the battery companies to a huge discount to what they pay now. It is fact that natural graphite is much better quality, produces more energy storage density and will be environmentally cleaner than the synthetic graphite being used now. We are going to see DNI drill off a resource with PEA showing profitable economics this year.

This is all in my opinion and this is going to go like clock work and the market will take notice and re-rate DNI

Just on this agreement, if it were DNI'S graphite at $350cost per ton with maybe $50 to $150 per ton shipping there is still $600/ton profit at $1100/tn graphite.

That would represent $1.4M profit on this deal alone. Thats where this is going.

Checkmate28 AIMHO

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