Hey @Amorga, BFS assumptions appear to be under a cloud;...

Hey @Amorga,

BFS assumptions appear to be under a cloud; undermined by last week's 'clarification' announcement.

6."Following the legislation changes to Acts relevant to the mining industry, the GOT has announced a ban on the export of unprocessed mineral concentrates which includes graphite concentrates. Magnis is not affected by this ban as the Company will be exporting value-added products. As the ban on concentrate export does not concern Magnis, the Company has not been involved in any lobbying of the GOT to revise its stance on the export of concentrates."

Holders, including your goodself, now with perception Nachu Jumbo/Super Jumbo completely banned from export, Tanzania apparently insisting on compulsory local flake processing.

Recall ur suggestion for unexportable concentrate was to use as spherical feedstock.
https://hotcopper.com.au/posts/32554438/single
"Magnis at this stage is not intending on exporting concentrates... Super jumbo and jumbo flake can be crushed if needed to make up battery feedstock (though given pricing and if demand is present, not ideal)."

Whereas @tony2times went nuclear:
https://hotcopper.com.au/posts/32593876/single
"As for the Jumbo there are a few options. Grind it down or build another plant that can make products for nuclear reactors. "

Press release distrubuted to global media outlets including P6 may be absorbed in similar fashion.
Brief clarification via ASX announcement straightforward enough to remove uncertainty.