CYL Video Interview with CEO Discussing Mineral Estimate Report, 274,489 Tonnes at a grade of +90%

 

WATCH VIDEO: https://www.ceylongraphite.com/video-interviews/

This video was posted December 08th, 2021 with CEO Don Baxter discussing the “NI 43-101 Mineral Resource Estimate” and the “Total Indicated and Inferred Resources of 274,489 Tonnes at a grade of +90% Cg in the K1 Mine.”

In this video, Don discusses the potential value of this singular mine, which is a small part of CYL’s overall holdings. For quick math reference, the resource estimate of 274,489 tonnes at $2000 a ton (current market value) is $589,978,000 if extracted and sold to market as a raw resource.  This further underscores why CYL is pursuing a “mine-to-battery” strategy of refinement first, then distribution to market, as “Battery Grade Graphite” which would further increases this value beyond that raw “$2k-per-tonne” metric.

For background, see the following chronological press releases; 

PRESS RELEASE:  CEYLON GRAPHITE FILES NI 43-101 TECHNICAL REPORT WITH INITIAL MINERAL RESOURCE ESTIMATE FOR K1 MINE
December 6th 2021 – https://www.ceylongraphite.com/press-releases/ceylon-graphite-files-ni-43-101-technical-report-with-initial-mineral-resource-estimate/

PRESS RELEASE: CEYLON GRAPHITE’S ANODE GRAPHITE IN FULL CELL LITHIUM ION BATTERIES OUTPERFORMS LEADING COMMERCIAL SYNTHETIC GRAPHITE
November 23rd 2021 – https://www.ceylongraphite.com/press-releases/ceylon-graphites-anode-graphite-in-full-cell-lithium-ion-batteries-outperforms-leading-commercial-synthetic-graphite/

PRESS RELEASE: CEYLON GRAPHITE SUCCEEDS IN PRODUCING HIGH-PERFORMANCE COATED SPHERICAL VEIN GRAPHITE FOR LITHIUM-ION BATTERY ANODE MATERIALS
September 27th, 2021 – https://www.ceylongraphite.com/press-releases/ceylon-graphite-succeeds-in-producing-high-performance-coated-spherical-vein-graphite-for-lithium-ion-battery-anode-materials/

If you understand the math, and relate it to the current market cap of the company, go here and join CYL’s investor list > http://eepurl.com/dFBKXn

Leave a Reply

Your email address will not be published. Required fields are marked *

TRANSLATE »