Ann: Development Progress - Lindi Jumbo Mine, page-7736

Hi sparecash I’m assuming you picked up on the same vibe that many others did…If you don’t have a clue, put it out there for others to help dissect the information…

Regardless Lindi remains one of the most exciting projects in the graphite space in many years listed on the ASX…With a 24 year mine life and only just starting the benefits will become very rewarding moving forward…

According to Andrew Cunningham from the ADO presentation non holders are reluctant to discuss real pricing of US1030-1600 per product ton…

Now that the filtration system and burner have been sorted 112 bags per day can be produced…They only require 33 bags per day to cover the ROM costs while another 15 bags per day covers the debt component…

With the plant running at DFS capacity they can now lower the feed rate from 27%TGC back to 18% TGC

No point producing more tons and keep supply demand balance in check…Spid81 mentioned the premiums that super jumbo achieve in the market…With the clumping issues resolved premiums to real pricing achieved will increase significantly




Regards Croc