The cash position is a worry, bit hard to become a producer if there is no funds to build the mining, processing and production facilities.
On a positive note, given the political considerations there should be more than enough interest to see us through in my opinion.
News on 20 October 2023 that China is imposing strict export constraints on graphite concentrates has further increased the fragility of the battery minerals supply chain and International Graphite’s assets are attracting worldwide attention.
We are actively pursuing discussions with interests in Korea, Japan, the US and Europe, who are seeking supply to meet the raw material demands of the global gigafactory build out.
IG6 Price at posting:
16.0¢ Sentiment: None Disclosure: Held
