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DanWebzster

09/01/18 8:36 PM

#336 RE: DanWebzster #335

WWR has pivoted the emphasis of their operations to graphite battery parts and the development of their recentrly acquired graphite deposit in AL

A pilot plant is expected to be completed in H2/19

Full-scale manufacturing is expected to ready in 2020.

Manufacturing operations are expected to be cash flow positive in 2021

Their graphite deposit is expected to become a working mine in 2026. It is the only battery-grade graphite deposit in the lower 48.

Mercedes is building a battery manufacturing plant in Alabama. WWR hopes to be a supplier to this plant.

WWR recently raised 2.9mn in a direct offering giving them operating cash runway thru Q3/19. They still need 7mn to complete the manufacturing plant.

Turkey nationalized 2 of their Uranium deposits. WWR is negotiating for compensation.