Thursday, January 11, 2018 2:53:36 PM
Latest round drilling showes 11 Meters, thats 33 feet at 5% Graphite. Plus trenches out 400 meters with visable graphite. No Dynomite. Scoop and float!
I understand this well. Massive areas of high grade, large flake graphite, contained in soft dirt, that will only need an excavator to load the trucks (no dynomite, no rock).
Trucked saprolitic dirt will be loaded in large float vats, where a reagent will make the graphite float to the surface, where it can be skimmed off and sold as is or upgraded.
Capital costs to set up this processing is 50% less than a hard rock processing set up, plus can be completed inside 1 year. All or nearly all graphite in Canada is locked up in hard rock, requiring huge capital and operation costs relative to DNI's saprolite.
With this operation being proved up, and the world desperate for graphite, its only a short time before DNI latches on to the needed CAPEX funds and the necessary offtakes, to start producing high quality graphite at nearly the lowest cost of all current producers.
Bring on the rest of the drilling results and lets get the PEA study done so we can get a line on the flake size distribution.
Checkmate28
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