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Gold/Mining/Energy : Anything graphite based, CCB, Zen and hopefully much more. -- Ignore unavailable to you. Want to Upgrade?

To: roadguy513 who wrote (1792)	12/28/2020 12:20:25 PM
From: the Chief	4 Recommendations Recommended By Eva GrumpyGus hoperrs thetick Read Replies (3) \| Respond to of 2618

Small modular reactors are the way of the future and we are in the heart of it, but that is the future. The immediate niche we fill is Certified Reference Material for Natural Graphite and Nuclear Grade Natural Graphite. The market is not massive (4-10 tons), but it can be a $40,000,000 a year niche. Which is so close to the cost of building the mine, ($43,000,000) it will carry itself without issue. The present issue we have is Bruce was doing it alone. Olga was handling the Q Gov Enquiries and the BoD was sitting on their thumbs contributing nothing. At this point it was probably because the BoD was more an image thing then anything else because I am sure Bruce intimidated the hell out of them. So, so far after over a year of knowing we could sell CRM, the only sale we have is the one Bruce organized. That sale was for a diluted CRM, which required (through agreement) for LGC to get the diluted CRM material and then they paid to re-certify it at a less pure level. So that answers the stall on the LGC sale. However what this does not answer is, to make the diluted CRM, we had to create the real approved and Certified CRM. Then dilute it. So the question is/was where were the BoD? Why was the CRM material created not hustled out the door as a sale to SMR platforms, or Univerisities/Research Facilities so we could start building the war chest? My impression since 2017 is they just hold a rubber stamp and when Bruce said "stamp it", they did. So we should be looking for a CEO and people that are actually INTERESTED in what we already have and could capitalize on it. Not people that sit around and wait for GSLRs next move as if that's the only choices we have.