Hi Jaded, I would be very surprised if just about every other graphite company out there didn't try to get TK to switch over. Though that wasn't the point I was making, you were discussing basket prices to BFS pricing and "rejection" by banks. Refer to post by @skrundarlow where pricing compared to BFS was raised in relation to TK off-take,
http://hotcopper.com.au/threads/kibaran-ready-for-graphite-sprint.2568046/page-45?post_id=15785299
My point being that if it's already been discussed in the off-take discussions then one would assume financing discussions would be based on the off-take pricing discussion agreed basket rather than the BFS basket.
But that's all just IMHO and is based on a telephone conversation that I have no idea of accuracy or whether it even occured so all DYOR and form your own opinions
Note sure why you tagged the two bears, really has nothing to do with them, hope you are not baiting me based on my other holdings.
Thx
Ann: Merelani Upgrade Paves Way for PFS, page-19
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