Nothing has changed, page-48

tsk tsk - you must be related to capraise lol

I know it appears foreign to you, but AM had the right strategy to grow into and with the known expandable graphite markets ; )

Perhaps you should read the details again with our BTS / BOAs and witness 2 of our offtakers are in the expandable Graphite Manufacturing business ; )

1 is building a new plant and the other is expanding their expandable graphite manufacturing plant ; )

I know, sounds crazzzzzzzzy huh ......………………..
Mind blowing how you can still draw a conclusion that WKT would be oversupplying her intended market.

Oversupplying your market is just plain stupid and harmful.
Now growing into and with the known graphite market is the smarter strategy.

3 BINDING OFFTAKE AGREEMENTS IN 10 DAYS IN EXCESS OF WKT INITIAL START UP OF 40K TPA​

11/04/2019 – 3RD BINDING Global Sales, Purchase and Marketing Agreement - WOGEN​

https://www.asx.com.au/asxpdf/20190411/pdf/4446yvh7ypyg00.pdf ​

09/04/2019 – 2ND BINDING OFFTAKE TERM SHEET

https://www.asx.com.au/asxpdf/20190409/pdf/44451vmxbst3k2.pdf ​

02/04/2019 – 1ST BINDING OFFTAKE TERM SHEET​

Binding Offtake Term Sheet that triggers the Binding Offtake Agreement 1 month out from delivery.​

https://www.asx.com.au/asxpdf/20190402/pdf/443z6vhp4pw91f.pdf ​

*Note 2 BOA parties are EXPANDING their EXPANDABLE GRAPHITE BUSINESS.​

* 1 is expanding their existing expandable plant and the other is actually building another separate expandable plant.​

* They absolutely need to ensure continuous supply of expandable graphite material to ensure their expandable business operations do not suffer or risk their own investment in expanding their expandable business operations. ​