Gratomic - Wide Vein Graphite

Wildly opaque press release

I love the Gratomic (GRAT.V) story. Vein Graphite in Namibia. And lots of it. I’ll be writing about GRAT shortly but this sort of press release infuriates me.

“Gratomic Discovers Possible Largest Graphite Vein Ever Recorded at its Aukam Project in Namibia”

This is fabulous news. Company making news.

And here, I think, is the first mention of it a quarter of the way down a results table:

Arno Brand and his people know better.

Sure, savvy investors will know what a vein 2.77 meters wide is and how significant it is for a mining project. But the rest of the world has no clue. They don’t read the drill results tables.

Above the table there needed to be a “quote” from Arno, “The vein we intersected is wider than I am tall. We have seen lots of veins on the property, but never anything this wide.”

That is not promotional, it is factual and it makes what Gratomic is finding in Namibia come home to the non-specialist investor.

(And for the non-specialist investor: Lithium Ion batteries, used in electric vehicles and a host of other applications, are about 40-45% graphite. At the moment, most of the graphite used is a) synthetic (produced from petroleum coke in an environmentally obscene way), b) almost entirely produced in China. The crazy pop in lithium prices and the corresponding pop in junior lithium company share prices has not occurred in the graphite space.

Yet.

It almost certainly will.

[Disclaimer: This is not investment advice. I am not an investment professional. I am down about 30% at the moment. I will write about companies that I hold. I will disclose any holdings. Do your own due diligence. Do it hard. Call the CEO.

I currently own shares in $GRAT.V which I intend to hold but which I may sell at any time.]