Yes, I posted that on the AXE thread some time ago - 13084894 see below........
Another article obviously promoting the TSX listed graphite companies, but note AXE is one of the 17 graphite projects they monitor (see pyramid).
Note also the comments ... "To find a project that will be able to mine graphite directly at 98% or achieve 99% from floatation, that's a different story. That demonstrates a potential low-cost operation that could sell at a premium."
Kiril Mugerman: Graphite Investors Should Look for Large Flakes, Small Resources
TICKERS: CCB, EGZ; ENZR, FDR, FMS, LLG; MGPHF, NGC; NGPHF, SYR, TSM; TAS; TASXF; T61
Source: Kevin Michael Grace of The Mining Report (3/4/14)
Companies that boast 80,000 ton-per-year production or high purity levels don't always impress Kiril Mugerman, mining analyst with Industrial Alliance Securities. Why? Because finding buyers for all those tons is a huge challenge, and thrifty end-users like to purify lower-grade graphite in-house. In this interview with The Mining Report, Mugerman explains why he looks for smaller projects that can hit revenue targets, and indicates which of the 176 graphite projects out there are worth your attention.
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Yes, I posted that on the AXE thread some time ago - 13084894...
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