Improved flake size significantly improves valuation
Graphex Mining announced that as part of their Joint Ventures partners due diligence at the Chilalo Graphite Project they completed significant metallurgical test work. This has resulted in a significant improvement in the overall flake size distribution to make Chilalo one of the coarsest flake graphite projects globally. This analysis include:
- Updated valuation; and
- Sensitivity Analysis – Graphite price & discount rate.