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Re: checkmate28 post# 33639

Wednesday, 08/16/2017 5:12:32 PM

Wednesday, August 16, 2017 5:12:32 PM

Post# of 35705
DNI.ca DMNKF Offtake MOI

Readers digest version. This is very big news. The potential Korean JV partner has recognized DNI as having the quality of graphite needed for the growing Korean companys expandable graphite needs. Obviously they have done their DD as to the quality and readyness of DNI to be in production soon enough to supply the 20000 initial tonns needed for the Korean company needs, plus the potential supply of large flake needed for Korean battery users/manufactures LG, Samsung and Hyundai all who are looking for local sources of large flake material.
Its my opinion that DNI is going to be the higest grade, lowest cost graphite project in the world.
My projection is that DNI should produce graphite at about $350/tn with $150for shipping and sustaining costs. With a sale price of $1200/tn, this would leave $700/tn profit.
700 x 20000tn = $14million in profit and thats just for starters.
$14m future earnings for a $8m market cap company leaves a large opportunity for share price improvement.

Im currently on site and I can see for myself the progress and excitement. There are at least 50 employees on site working the infrastructure plus air and core drilling equipment in action. I walked several km of these fresh cut roads and saw several areas of visual large flake graphite at and near surface, and more importantly in the loose saprolite which is the key to the alleged low OPEX and CAPEX I've been talking about. I also traveled the 45km paved highway to the port for a visit of those facilitys. This looks like a slam dunk to me and I see the shares continuing to reach true value. After seeing some gators, Ill be on site tomorrow again. Stay tuned for lots of near term progress.

The news and lineup
http://thecse.com/en/listings/mining/dni-metals-inc

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