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BKT – Black Rock Mining Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.46

Low: 0.46

High: 0.46

Total Analysts: 0

Company Profile

Black Rock Mining Limited (Black Rock) is an Australia-based company engaged in producing graphite. The Company’s segments include Australia Corporate and Tanzania Graphite. The Company has a 100% interest in the Mahenge Graphite Mine (the Project) located in Tanzania. The Project has a joint ore reserves committee (JORC) compliant Mineral Resource Estimate of approximately 212 meters tons. It also has Ore Reserves of approximately 70 meters tons. The Mahenge project is spread across approximately 324 square kilometers of exploration tenements in Tanzania’s Ulanga district, approximately 250 kilometers north of the border with Mozambique. Approximately 250 kilometers west of the coastal port city of Mtwara on the Indian Ocean and 300 kilometers southwest of Tanzania’s largest city, Dar es Salaam.

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