Ann: Balama Central Graphite Project Feasibility Study results, page-2

If I was DF and I was using this information I would be tailoring my funding and marketing (off-takes and downstream processing) on a program basis.

If, and this will be proven downstream, the EV market is to be so robust, there should be no problem selling this as the C1 costs and grade are among the top for the industry. The flake by %age is fairly good too.

I wonder if we may see a consolidated funding package next quarter? It’s a thought and starts
Payback in stages too to keep the banks happy. Also with the work that has been completed it is a good foundation to start with.

The time for ad hock is over and hopefully DF has learnt from his basic mistakes. We’ll see. As a shareholder I do expect a lot better from the management team, especially after the recent decimation of SH value.