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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: MORE!

True. If the company had assets. All they really have are claims. All they will get for those claims is what someone would be willing to pay. Seeings how theyre having trouble getting a partner, I doubt anyone would be willing to pay big. So the loans being made by board members doesnt really include a guarantee of a return for them. And a loan to drill would be nice but, while million dollar loans happen every day, a miilion dollar loan doesnt happen to LBSR every day.

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