Ann: Lindi Jumbo gears up for first graphite concentrate export, page-773

Hi TK4 project validation will be coming soon Imo…The flimsy information now being provided by non holders reaching irrelevant levels…Very easy to discuss the positive feedback coming from tweets although at times a little too cryptic…Would prefer them than being starved of information and genuine feedback…



Some basic numbers to discuss…21t/hr equates to 504 tons of throughput in 24 hours.This equates to 81 bags of product in a 24 hour period from18%TGC materials…That’s not a bad day

The tweets inform 50% increase in possible contained graphite not included in NPV calculations

The company can manage grades being fed to the plant by using different high grade domains as guidance of the 2019 DFS forecast…

If they vary the tonnage rate either up or down (deliberately) it could have this effect…If they use a 21t/hr throughput but high feed grade the plant at 23% TGC yield could improve yet tonnage rate stays the same….21t/hr x 24 hours = 504 ton throughput per day

Head grade of 23%TGC gives 115 bags before dilution leaves (115x23%TGC x .9 diluted) = 104 bags per day

21t/hr = 504 tons throughput per day at 23%TGC provides roughly 31, 000 tons per annum for 300 days

34t/hr = 816 tons per day throughput at 23% TGC provides roughly 168 bags per day or 50,000 bag per annum for 300 days

I can see why the Mike has made the comment the plant was deliberately dialled back…

If contained graphite is 50% higher than the 2019 DFS model this plant has considerably higher capacity…

Regards Croc