The Feasibility study's provide a higher level of certainty that previously is unknown.It can be the determining point between belief and that of material information to support that belief. The DFS should confirm this which in turn triggers the beginning of funding and development stage.Currently we are in the pre-development which also signifies the end of an exploration period.(Stage one)
While our optimism and personal belief as a retail investor remains a bankable investor would would apply a far higher level of scrutiny before making such a commitment. The DFS report forms a key analysis for this very purpose of applying due diligence to participate in financing a project.
- The arrival of Trevor Benson and his extended connections inclusive of corporate funding and off/take agreement negotiations should confirm valuable appointment
- Quality Resource Best in class and suitable for two high growth markets with expandable graphite limited by material supply
- Information has been obtained and is now being fed into DFS report (February release)
- The DFS will form critical pathways to project funding
- Confirmation of off/take partners ect should be announced naming partners end users as per recently stricter guide lines previously not applied to in earlier O/T agreements
- No less tan 11 end users currently looking at our product
- The beginning of development stage can be pursued with long lead items prioritized
- If all goes to plan should be one of first to the market
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