⛏ Best Grades We’ve Seen All Year?

PLUS: Robex Boost From Feasibility

Greetings Contrarian,

Source: tradingeconomics.com, Numerco

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and have a beer, because it's almost Friday.

Here are the highlights:

😮 Adriatic – Grades So Good We Thought It Was A Typo

👏 Gratomic Seals Deal

🤞 Robex Feasibility in Guinea

😮 Adriatic – Grades So Good We Thought It Was A Typo

Highlights:

9.30 m @ 2,624.8 g/t AgEq or 84.40% ZnEq

13.00 m @ 3,064.3g/t AgEq or 98.53% ZnEq

8.30 m @ 1,446.3g/t AgEq or 45.50% ZnEq

We thought these were a typo and after looking over their many other results, which you can check out above, we understood it’s all true.

We’re speechless.

👏 Gratomic Seals Deal

The partnership agreement involves profit sharing and a premium on high-grade concentrate.

Gratomic has sent a pilot order to TM2 from its Aukam Vein Graphite mine. The resulting Purified Flake Graphite will be used in Alkaline Batteries.

This partnership is a first in the industry, indicating vertical integration benefits.

The contract stipulates annual delivery starting at 4,200 tonnes/year, reaching 7,260 tonnes/year over five years.

🤞 Robex Feasibility in Guinea

Highlights:

At base-case US$ 1,650/oz pre-tax

NPV5 US$ 251 m (26% increase)

IRR 42%

At spot US$ 1,950/oz pre-tax

NPV5 US$437M

IRR 65%

They’ve done it before in their producing mine in Mali, can they do it in Guinea? We’ll be watching.

🤣 Meme of The Day

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The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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