Don’t forget the graphite resource isn’t small either Sandbank...

Don’t forget the graphite resource isn’t small either Sandbank !!!

Put it all together and they will have one mutha huge project which is just the kind of thing the bigger Chinese consumers love. Trouble is, getting a good JV deal out of them given how the Chinese politicians have tightened up on their cash of late.

Will be interesting to see some DF numbers on this. If it’s as big as we think then even a 30/50% chunk will b worth a fair bit.

The good thing is that with Ancuabe the graphite type is different so there isn’t a direct line of competition between the two projects consumer wise.

Hopefully we see that finance for Ancuabe soon. Only doubt I have over this deal is the sp raising price mentioned by Argonaut. It would b good to see a bit of an effort put in ala another stock I’m in that took the sp to 20c plus and then raised at 18c but then that was after bailing on the Chinese deal they had going.

Be interested in others thoughts on potential Ancuabe deal structure or a link to some posts discussing potential deals.

d.