Ann: Project Partners complete product due diligence-GPX.AX, page-10

Think about it: Tanzania is a poor, resource rich country with the most stable, pro-business and forward looking govt in Africa. Why would they say no to major capital inflow, infrastructure development, jobs, revenue stream etc. ? It's just not going to happen. The mining license has zero risk associated with it. I understand the Tanz Govt has issued +4,000 mining licenses so far in 2016.

Getting Chinese ink on Aussie offtake + project finance agreements is what we're sweating on. After that, as GPX moves to construction in 2017, production 2018, and ongoing drilling programs systematically expand the capacity and life of the mine to service China's flame retardant building materials market (which in itself is multiple times bigger than the total global demand for graphite for batteries), the question I don't know the answer to is: why shouldn't GPX valuation whistle on past Magnis?