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- ⛏ Best Grades We’ve Seen All Year?
⛏ 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
Who can relate 😫 #tin
— Tin Investor (@TinInvestor)
10:11 PM • Jun 8, 2023
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Happy Speculating!
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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