Ann: Quarterly Activities Report, page-224

Yes Croc best ignore the low content posts , Paretos are doing their job how they know best funding the most profitable project in Africa , and advance payments have been made by Yinpeng for Motors, bearings etc indicates there is now doubt WKT will be funded and in production before anyone else in Africa.


During the Quarter under review, Engineers and Metallurgists representing the Company travelled to Yantai in China to sign off on the major plant construction items that are nearing completion prior to shipping once funding has been secured.

Buy out items such as Motors, bearings etc. have been ordered and advance payments have been made by Yinpeng.

These items will undergo further workshop testing and be packed into containers for shipment to Lindi in line with the construction schedule. Early works earthmoving and levelling on site has been completed and civils construction can commence immediately after final funding has been secured.
The pre-manufacture of these major long lead items and early start site works has worked toward de-risking the project timetable and positioning the Lindi Jumbo project very well in respect of the expected international graphite market rebound expected during 2020.
The Company believes that this progress demonstrates that Lindi Jumbo is the most advanced graphite project in East Africa with the shortest timeframe to full production.