Ann: Nachu Graphite Bankable Feasibility Study Finalised, page-124

Correct.

However, the distribution from the PFS to BFS is still different weighted towards the smaller size.

Yes, this is all priced in the one basket so the individual sizes do not matter as much. However the change does allow you to start making comparisons, or consider at least macro impacts, to other potential potential producers who have a large weighting to the smaller side of the scale.

Again, I completely agree with you and it doesn't change the basket price, however the distribution from the PFS to BFS is still different. If I was involved with potential competitors, I'd be finding out how and why?