Why have a bloated balance sheet if your don't need it. We'll get Financing and be away. They'll scale up the Balance Sheet once they get into Factory building. Once Demand returns with a vengeance we've also got a mine to build.
Graphite: Tanzanian projects edge closer to production
Posted 30th August 2019
https://roskill.com/news/graphite-tanzanian-projects-edge-closer-to-production/
Ann: National Australia Bank Engaged for Townsville Project, page-83
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