This is the most important statement from the activities report;
During the Quarter discussions were undertaken in China regarding potential offtake and project financing. Although preliminary at this stage, significant interest has been expressed due to the high quality nature of the Ancuabe graphite and growing market demand in China.
Ton appears to have enough coin for the rest of the year, however it would be very nice to receive an offtake and financing for next year, which is very possible
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- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-4
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