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StoogeNo4

02/20/14 2:36 PM

#10006 RE: Venturer1 #10004

"The mine would have capacity of about 15,000 tons, and its total costs would be below $400/ton."

So far, that seems to fit within ENZR's ability...so far as we know to this point.
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spartex

02/20/14 3:50 PM

#10007 RE: Venturer1 #10004

That article seems to paint a much more cautious/dim position on juniors pursuing graphite resources and turning them into mines. Mentions key points of graphite mines needed: quality (which we appear to have) and also low cost (less than $400/ton). Weren't the enzr estimates for cost around $410/ton? It was a little concerning to hear that the demand for graphite may not be as promising as some say. The article seem to indicate that the first quality new mines getting out the door may be the successful ones if they establish supply agreements. But this appears to take a lot of time. Hopefully enzr management has the ability to make this happen.