I think it very relevant Graphene....and probably more so than than posts about personal trading on here imo
VRC has been touted on this forum as the 'first' for just about everything re: graphite in Tanzania...and aim to be 3rd biggest producer in the world etc....we have a road 'almost' to the mine site, great....however a saving of $40/tonne X 25 000 tonnes/year using rail equates to $1mill extra profit by my calculations....then multiply that by the mine life?...then if Stage 2 @170 tonnes/annum??? ...(for only 10% of the tenament potential l believe) and you have some serious savings/profit imo.
Our neighbours seem to made some 'inroads' in Tanzania while our BoD's 'twiddle pencils' imo...
Ann: Bunyu Graphite Project On Track, page-68
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