Countdown - Until Finance Approval, page-39

You mean to say you've been making these posts and you don't even know whether TK is the only offtake? Wow.

Of binding contracts (all that ultimately matters) there's there's one other, from an unnamed 'European Graphite Trader' for 10,000tpa graphitic concentrate, for a total of 30,000tpa binding sales contracts (75% initial proposed production).
As far as I am aware, the details of these contracts, including any conditional requirements beyond securing of finance, have not been made public.

It is known that these offtake partners have been supporting Kibaran in the financing and loan security process.
The German Governent Loan Guarantee is an option only due to the nature of Kibaran's offtake partners, and their significance to Germany and its industry.
As has been established numerous times by other posters here, this is a fairly extensive process, however if successful will greatly assist in securing of finance.

My personal speculation is that the interest from lenders for $70m Kibaran has lined up will be released almost immediately, should the company's application for a loan guarantee be successful, as the risk to lenders will be reduced to the likelihood that the Federal Goverment of Germany won't be able to fork out $70m (no risk).

Further, it is believed that our application is in the advanced stages of the guarantee process, due to the timing since the company's initial announcement. This could go one way or the other, and is a company maker or a company breaker.

Further, in response to your persistent, immature mocking of our share price, I speculate that the market is aware that failure to receive a loan guarantee will likely lead to insolvency. As this process is quite opaque, nobody knows which way it will go, and the risk is currently too high for many investors to come on board.