Hi Namvo From my understanding talking to fellow investors main concerns, "is there a ready market..."Growing into known markets with certainty...
Developing a product complying with BCA and being adopted to take up would offer huge upside...for growth
Currently we have video's on three occasions released to market to devour...Key words each off take partners would like 100% of production...3 x 40 = 120 per annum
The current frustration or excitement around these comment implies demand is there on start up....The in place DFS supports 40 TPA @ 1000 TPD on start up while the plant appears to be modeled for 3000 TPD also capable of delivering 3 x 40 off takes...
Hopefully the new DFS explains the start up numbers and gives good reasons for not maximising start up...What are the limiting factors of the plant that restrict start up...Out sourced contracts meaning we lease the equipment...More tons more profit so why not
More tons more profit...? All product needs to be sold IMO. Demand for super jumbo and large flake graphite should have a ready market limited in nature,markets limited by supply...Lindi graphite is also suitable for vanilla markets how ever management decided on four discrete products in the 94-97% purity range. Lindi graphite achieves 98.75% TGC from beneficiary process not quite vanilla ready.As luck has it expandable markets pay a premium to battery markets...Still no word on how our graphite performs in the battery..from USA,South Korea and Japan..Should add not sure what use it is being tested for
If the beneficiary process is sound,the resource is sound and demand is sound for premium market value then why not more off take...What is the bottle neck.the video's have us guessing...
What is holding this news back? Is it management, is it to market sensitive..? If management can put this in a video 3 times surely they can expand...
(20min delay)