Ann: Black Rock Signs MOU for Rail Transport from Mahenge, page-13

It is encouraging to see that graphite requires qualification/testing to ensure it meets offtake use standards. Ideally, you should expect the strong supply chain contracts with offtake partners (ie. production basically sold out in advance) to be a boost to BKT's share price.

The wet season is slowing down now in Tanzania & we should hopefully see a big momentum in construction finance activity shortly. It could be good news for BKT's share price once institutional investors do the numbers, look at the returns & get onboard soon.

Investing always has some risk-reward considerations.