For what it's worth..... Today's Ann shows confidence that there...

For what it's worth.....
Today's Ann shows confidence that there are willing partners out there to provide finance, build a mine and get on with it. You would only get that confidence from the quality and demand from the product. We clearly have that box ticked.

We don't have to set up an exorbitant line of credit with shares attached which could cause massive dilution. (refer TON deal).

Sure, we will need more finance, but until the deal with Sinoma is released, it will only be speculation on how much more money we will need.

MNS have a great track record of converting decent MOU's into binding contracts.

Having the MOU now, gives us time to complete the transaction and start building the mine with Q1 2016 still on track.

Sinoma aren't new to building Graphite mines, so an experienced design team is on board.

It's in Sinoma's interest to execute this at the total lowest cost and on time since they are also a buyer.

All in All, pretty good ann.... GLA