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September 12, 2014 — In a special InvestorIntel interview, Tracy Weslosky, Editor-in-Chief and Publisher for InvestorIntel interviews Dr. Ian Flint, VP of processing and Refining at Elcora Resources (TSXV: ERA), about some of the misconceptions that investors have about graphite.
Tracy Weslosky: Today I have the privilege of speaking to one of the most world-renowned experts on graphite, Dr. Ian Flint. How are you today?
DR. IAN FLINT: I’m very good. Thank you very much.
TW: Dr. Flint, there are is so many misconceptions out there on graphite right now I don’t even know where to begin. How about we start with the famous flake size? Does flake size matter?
DR. IAN FLINT: Yes. There’s the short answer. The long answer is that there is a trough in the middle and on both ends worth more money, which means as you go from a middle point of about 100 microns and go larger you value increases. As you go smaller, your value increases so yes it matters.
TW: Alright. Then, of course, we have different types of graphite so for instance, Sri Lankan graphite or the unusually fine that Zenyatta has. Can you speak to this type of graphite; these different types?
DR. IAN FLINT: There’s no difference between them. They’re both vein type. They’re both geothermal. The difference is in basically the speed at which they were formed, which means Zenyatta has a finer crystal size then Sri Lankan does. The Zenyatta was forming basically in a big pit whereas Sri Lanka is a lot of very fine veins.
TW: We have a couple of companies that have spoken to us about how their graphite is better because it comes out of softer soil and that apparently the harder the rock that you pull the graphite out you actually destroy some of the graphite in the extraction process. Is this true?
DR. IAN FLINT: Absolutely.
TW: It is true?
DR. IAN FLINT: Yes.
TW: Okay. It’s beneficial then if it’s, I don’t know, closer to the top of the surface and — Talk to me a little bit about this.
DR. IAN FLINT: Now what you’re concerned about is preserving the crystal morphology or what the crystal looks like. The more crushing and grinding and processing you have to do the more you are going to affect that. If you have a graphite mine that you’re basically just taking out the soil and the graphite is in the soil, you don’t need to do any crushing and grinding and you preserve the crystal that much better. The opposite end of the scale is when you’re mining just out of sinuous where you have silica interground into the graphite. You have the very easy to the very hard.
To hear the rest of the interview, click here: http://youtu.be/KFfsZKMWVuI
Disclaimer: Elcora Resources is an advertorial member of InvestorIntel.
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