IG6 international graphite limited
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Ann: Agreement to develop new Expandable Graphite facility, page-9

  1. Surandy70
    12,463 Posts.
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    28/07/25
    13:49
    Post #: 79980090
    So if I have this right, Graphite Investment Partners (GIP) has a binding arrangement to obtain non-dilutive funding for at least 50% of the capital cost of the European facility.

    In addition to this, GIP has provided IG6 a non-binding letter of interest to obtain $10m in funding for IG6's share of the European facility (~A$4.5m) and the Collie Micronising facility (~A$5.5m).

    The Collie facility has grants covering ~A$5m plus IG6 has cash at bank (including the Comet loan repayment). The total cost for the Collie facility is A$8m ($6.3m for stage 1 and $1.7m for stage 2)
    IG6 Price at posting: 7.9¢ Sentiment: None Disclosure: Held
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