A very comprehensive quarterly report I thought, putting shareholders in the picture as to how the various elements of the vertically integrated operational and marketing strategy is coming together.
There are no shortage of would-be graphite producers in the world, but there is a shortage of those that can differentiate themselves and provide a full service to battery and EV manufacturers.
EGR is also clearly looking to serve other graphite consumers, so it can maximise value from all of the graphite produced, bearing in mind all graphite producers face the reality that not all of their production can service just one type of end use.
There are many interesting highlights, but those that caught my eye as not being given much airplay before were:
o SML seems to have cleared all hurdles except now proceeding to grant;
o progress with ticking off requirements of kFW as senior debt arranger/provider including successful site visits by key assessors;
o FEED almost completed;
o PQF initial reliability runs completed and ready for commercial campaign aimed at customer commitments;
o interest from Tanz funders;
o discussions with other private sector funders on foot;
o Australian patent application being modified;
o progress with other private sector funders;
o interesting assessment by Aus DoD.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)