Yes, that is a key paragraph Mr. Delta.
Project financing looking imminent and TK instrumental in securing funding partners.
100% Debt funding is a realistic expectation given 75% of 40,000 tpa is pre-sold.
Andrew is also pursuing further off-takes:
Kibaran Managing Director, Mr Andrew Spinks said:
“The signing of the agreement involving the sale of Kibaran’s graphite products is a milestone event in Kibaran developing Epanko and becoming a graphite producer. This is the Company’s second off-take agreement and we are in continuing discussions with other sophisticated, targeted customers worldwide.”
So, wouldn't be surprised if pre-sales contracts increase further now KNL has reached critical mass....
Cheers
Ann: Off-take Agreement with ThyssenKrupp, page-6
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