InvestorsHub Logo
Followers 196
Posts 5341
Boards Moderated 0
Alias Born 06/09/2007

Re: HDOGTX post# 263

Thursday, 08/20/2015 7:34:12 AM

Thursday, August 20, 2015 7:34:12 AM

Post# of 997
Plan of Operations

Next Graphite, Inc. (the “Company”) entered into a Joint Venture

Favorable results from these 2013-2014 activities resulted in the go-forward build-out called for in the JVA. Based on previously reported and quantified findings on Aukam graphite from two third-party laboratories, the 140,000 tonnes of above ground tailings are forecast to generate approximately $18 million in sales proceeds based on a $1,200 per ton price. Next Graphite’s portion of that would be approximately $6,500,000.
The Company is presently awaiting laboratory results on graphite findings from extensive sampling in one of its adits that could result in additional revenues. There is no assurance that laboratory tests will be favorable and that there is no assurance that $18 million in revenue forecast can be met.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10874567

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.