Here’s a couple highlights that caught my attention, I’ll start...

Here’s a couple highlights that caught my attention, I’ll start with what I think is the most important and why I think so;

-         Agreement finalised for long-term supply of standard grade graphite – Why? I can’t see Kibaran signing up to a ‘long-term supply’ agreement without a destination for the final product. We all know Kibaran/management are not so rash. Also, the most likely scenario is they have chosen the best graphite we have tested for the EcoGraf process. This will only help the brand.

-         Optimisation study in German pilot plant confirm Kibaran’s proprietary non-hydrofluoric purification process is highly effective in processing graphite into a form suitable for use in lithium batteries & Graphite from 10 other global sources produced up to 99.98% carbon – Why? It confirms the wide-ranging appeal of/for the EcoGraftreatment. I have said it before, and I believe EcoGraf can be more valuablethan Epanko, or the SPG plant combined. The global adoption of this process/KNL-patent will ultimately result in royalties.

-         Treatment of graphite from Kibaran’s Epanko Project & up to 99.98% - Why? It is obvious, Epanko is the high quality resource we all suspected it was.

 

This bit deserved its own section;

-         Updated feasibility study will then be used in negotiations with strategic investors;

-         Agreement finalised for long-term supply of standard grade graphite;

-         with annual tonnage requirements of 6,000 tonnes in 2019 and 10,000 tonnes in 2020;

-         update the feasibility outcomes announced to the ASX on the 5^th December 2017.

 

It seems like the 5^th of December will confirm some impressive numbers, and, by the sounds of it, we should have something on this ‘strategic investor(s)’pretty quickly thereafter.

 

I doubt the ‘strategic investors’ are sitting on their hands waiting for this report. Any Analyst worth their salt could produce accurate predictions based on the information at hand (from the company and market), but only GR Engineering (or someone like them) can produce the ‘independence’ part.

 

Very, very interesting times ahead.