I think these key points from the DFS should be highlighted.
1. This makes it the fourth largest JORC Resource globally and it is still open along strike.
2. Metallurgical test work indicates that 99% TGC concentrates can be processed through a relatively simple flotation process. Therefore Low Risk
3. Independent testing indicates that battery grade spherical graphite and high quality expandable graphite can be made from Mahenge concentrates.
4. Pricing – Forecast to nearly double between 2017 and 2027
5. Financing strategy – Multiple options being progressed with a focus on maximising share price and minimising dilution for existing shareholders.
6. Lowest peak capital expenditure per annual tonne of production of any development stage global graphite project coupled with highest margin due to very low relative costs to customers and best in class concentrate grade and flake size distribution.
BKT Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
