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BREAKING: Gratomic Signs Deal to Supply Graphite to Todaq

  • Signed an agreement with Todaq Star Program Phase 1 Corp. to supply Todaq with an aggregate of US$25,000,000 of graphite from its Aukam project in Namibia over approximately 39 months
  • Initial order will be for 600 tonnes of graphite valued at US$3,000,000 payable in TODA Notes, a digital asset created as a medium for exchange and store of value, at a price of US$0.10 per TDN for an aggregate of 30 million TDN
  • Initial 600 tonnes of graphite are to be delivered within 90 days
  • Graphite is being purchased by Todaq to sit in reserve as a backstop to underpin the value of deployed TDN

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Hub On AGORACOM / Read Release

Message: IMO, mineral presence is 99.9%

 Ok I didn't realize that the leachable ore would be below the capping and would still require drilling.  I read it differently.  That does change things.  That said, I of course agree that the surface extraction of ore would not be be in place of drilling, but a mechanism of getting revenue that could be applied toward drilling or keeping the company afloat until financing is secured for drilling.

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