InvestorIntel Graphite & Graphene Week-in-Review (August 12-16, 2013): Not to sound like a carbon copy of last week’s Week-in-Review, but when evaluating the past week’s numbers, it basically was a repeat showing of the previous week. The InvestorIntel Graphite & Graphene members’ performance was more or less flat, with a marginal overall decline of -1.43% for the week ending August 16, 2013.
There was one big mover, however, which moved on some even bigger, albeit related, news – Focus Graphite Inc. (TSXV: FMS | OTCQX: FCSMF). Focus was up significantly, +16.28% and +15.60% on the heels of a release that a company they have a sizable stake in, Grafoid Inc., had recently applied for a joint patent for their game-changing graphene, MesoGraph™ (the patent-pending product is joint between Grafoid and Hydro-Québec). Interestingly enough, Hydro-Québec’s research institute IREQ (Institut de recherche en électricité du Québec) is a global leader in the development of advanced materials for lithium-iron-phosphate technology (LFP) batteries. In fact, Hydro-Québec holds the most patents for developing lithium iron phosphate charging systems. This is also great news for Focus because, aside from their 21% ownership stake in Grafoid, the company will be supplying all the graphite for Grafoid’s MesoGraph.
Last Wednesday, I had a long and, quite frankly, fascinating conversation this with Dr. Gordon Chiu, Vice President and co-founder of Grafoid (he’s also Focus Graphite’s Chief Scientist). The potential of graphene is seemingly infinite and, within a few short years, may change each and every one of our lives for the better. The reason why MesoGraph, specifically, is a “game changer” (admittedly, I hate that term as much as you probably do; however, this is the most apt use of “game changer” I’ve ever heard of) is because establishing a global standard for economically scalable graphene has long been recognized as central to establishing the nano-carbon as a marketable technology. Dr. Chiu stated: “We believed that by accomplishing two things — by investing in a process of producing graphene cost-effectively and by setting a global standard — the door to industrial scale adaptation would open to us. MesoGraf has achieved this… and it is the game changer.” It wasn’t much of a surprise to see the Focus Graphite share price be so positively affected.
Flinders Resources Ltd. (TSXV: FDR) announced an update on the Preliminary Economic Assessment (PEA) on its Woxna Graphite Project in Sweden on August 12th. Although the stock was flat for the week, in July they were up a phenomenal +79.22%.
This week, we will have some transfixing pieces on a couple of graphite companies, including an interview/update with Aubrey Eveleigh, President and CEO of Zenyatta Ventures Ltd. (TSXV: ZEN | OTCQX: ZENYF). And in case you missed it, I did a special update on Mason Graphite titled Mason Graphite’s Lac Guéret Graphite Project: Developing a high-grade flake graphite deposit in Québec (click here).