Concurrently, BKT expect metallurgical testwork (in progress) to confirm the quality and suitability of Epanko North and Ulanzi graphite concentrate for use in conventional and value added graphite markets. The Company is also of the view that the metallurgical test results for Epanko North and Ulanzi will match the metallurgical test results from Kibaran Resources’ (ASX: KNL) Epanko orebody, which indicated that:
i) KNL’s Epanko orebody were in the upper quartile for quality/purity; and
ii) Epanko graphite is large flake and has ‘expandability’ potential (i.e. suitable for further processing into expanded graphite), which are the key attributes that command premium pricing in the graphite market.
BKT Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
