Mine NPV US$211 Mil (100% binding off-takes in place) + SG plant NPV US151 Mil = Total NPV US$362 Mil, current MC approx US$26 Mil - missing link finance. Worth waiting IMO but time is running out.
Worse case scenario is MIN/HZR perfect synthetic graphite production from natural gas, cheaper than mining & big oil comes to the party. Approx 6 months before we know that so Tanzania Govt need to get moving or they will be sitting on 100% of nothing as far as graphite is concerned.
.
KNL Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
