Just a few bullet points; -KNL off-takes are strategic in nature...

Just a few bullet points;

-KNL off-takes are strategic in nature with companies being less reliant on China. Graphite is a strategic mineral to the German gov.
-Tanz flake graphite is of a very high quality due to the extremely high temperatures it was formed at. This area of Africa is globally unique in terms of graphite.
-KNL finance is coming from development banks used to operating in Africa and all that entails.
-The world bank loaned Tanz a huge chunk of cash this week to expand the Dar port to become a trade hub. (business as usual for development?)
-However risk equity for Tanz projects is now dead in the water. Money for exploration, pfs, bfs etc... forget it!
-The BFS was produced to Equator Principles which negates all unconscionable concerns.
-Agree 16% is a concern and it impacts us shareholders but not the viability of the project. So rather than an end game share price of $1 we end up at 50c?
-Enough cash in bank until finance.

My view is that all parties will still be very keen to get to mining.