Capex is well below what was expected re. Staged approach. Great foresight from management re. Derisking finance...add to that payback at 3 years..big tick.
Overall is clearly very profitable.
Now this is done, a clear path to Offtakes! Being in a proven, producer country such as Madagascar with board members experienced with Grapghite Offtake experience in country...all bodes well.
Ann: BlackEarth completes positive DFS for Maniry Project, page-4
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