Accordingly rampup is going well…Spid81 was going to identify other graphite projects that have achieved nameplate capacity during commissioning…The fact remains Lindi is different has unique features such as favourable resource from surface, higher grades from surface, preferred fresh materials from surface, favourable interplay between host rock materials and the graphite…(Example easily liberated from the host rock material and not embedded with the graphite material such as SYR plankton formation.
Where are these other projects or can we assume paid for comments coming from the boiler room…
Reaching 30% throughput is significant in such a short period…It’s similar to a new highway being developed while traffic jams are expected daily while construction continues…It’s just a matter of time.
The independent research report gave Lindi the following valuation…Lots of unknowns are now proven from mining techniques to being able to demonstrate the plant can produce 72 bags a double shift from only utilising 25% of plant capacity…
We are not there yet byt getting closer as each milestone is ticked off. We have confirmation the 2 major off take agreements were being renegotiated through the Wogan sales agreement which already sells into China for its clients base…China is a net importer of flake graphite and can not produce the quality that is exhibited at Lindi.
Regards Croc
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