Value Microcaps Junior Miners

[checkmate28]

Value1008 Re EGZ your welcome. Those are questions I can provide some insight on. Company says PEA work will be done in a couple months. When it comes out is a different story but I'm sure they want to rush it.

This resource is huge. There processing will be primarily just hi power demand crushing with no flotation needed, (hence the low cap ex, low cost processing and low time to production)

As to cheap power, if I was them and building out infrastructure with the Sakoa coalfield next to me, I would figure out how to take advantage of that situation, using the coal for power. I'm guessing they will.

From a press release, more in the link

With this expertise, key DRA personnel will have direct roles in the development of the Project in Madagascar and will be responsible for facilitating discussions and interfaces with the Madagascar Government and key stakeholders in the Sakoa Coal project regarding infrastructure development and the identification of any synergistic opportunities.

Johann de Bruin, Director of DRA Mineral Projects, stated, “DRA has been following the development of the minerals industry in Madagascar with keen interest over the past six years whilst completing a series of feasibility studies for various potential projects on the island. It is evident that Madagascar has a lot to offer the global minerals industry and the resolution of political uncertainty, commitment to infrastructure development along with the continued global demand for its minerals are expected to mobilize a number of projects. DRA views the presence of these minerals, and future breakaway materials like graphene, as essential in applications for electric vehicles, energy storage, and high-tech as promising and is therefore very excited about the relationship with Energizer Resources.”

Kirk McKinnon, CEO of Energizer commented, “This arrangement with DRA is significant as it provides Energizer with experts that have all the skill-sets required to advance our Project to mine development, while interfacing with the Government, and leveraging their knowledge on infrastructure through insight into the Sakoa Coal project. We are also pleased that Energizer’s continuing project development will bring employment and substantial expansion of infrastructure to the people of Madagascar in this region. The Company uses well over 100 local people through its exploration programs and have found them to be highly industrious. DRA will be able to leverage this skill-set as the Project grows and continues to add more resources and infrastructure enhancements to the region. Energizer’s primary focus will now be the interface with and procurement of, key strategic partners and project financing. Currently the Company is well financed to reach key project milestones, including the completion of the Preliminary Economic Assessment (PEA Study)”.

http://www.energizerresources.com/news/press-releases/489%3Aenergizer-resources-discovery-of-graphite-and-vanadium-leads-to-agreement-with-africas-leading-mining-project-development-manager-dra-mineral-projects-to-develop-the-green-giant-project-in-madagascar.html

As to the dip, Im thinking there might be a pop during the coming Graphite conference in early May as people grasp the size of this project and the straight forward processing. They are talking processing 40 to 50k tpd. Energizer missed the earlier graphite in March. I think this is the reason its not discussed much here.

Checkmate28