Hi spid81 did SYR build a plant based on economy of scale underpinned by battery markets and hope they could sell large flake as a byproduct…Answer yes they did
On the other hand Lindi focused on flake size retention and designed a plant based on retention of flake size…
I did notice though your avoidance to correct yourself in regards to a debt service provision…Please provide the service debt facility.
Lindi is now heading towards sales starting with product produced within spec…By the looks of yesterdays tweets the plant has been producing as per design right up to compression and drying…
Zoom in spid81 coarse flake being produced…For the company to distribute profits it will firstly need to be making the regular payments which begin in September…They can not make distribution unless they have 2 quarters of funds available in the kitty for this to occur…
Regards Croc (The company has announced sales for all startup materials within spec…)
Ann: Quarterly Appendix 5B Cash Flow Report, page-91
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