Friday, February 24, 2023 6:09:56 PM
Exception natural purity (99.9%) flake graphite (MAGNIS G 98ish)
Very desirable Super Jumbo and large flakes suitable for highest value uses
Shallow horizontal bed structure will reduce mining costs
Topography is ideal for mining. The land is flat and unpopulated.
No intercalation with host rock allows for inexpensive and green (completely dry) processing
Signed 20 year, 15,000 tonne/year off-take agreement with a North American distributor. This represents only 1/8 of production capacity
Estimated US$264 million revenues/year at full production (120,000 tonnes x US$2200/tonne)
Mining friendly, Commonwealth country with British based legal system
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