Comment retracted:
The study was completed by well-respected independent mining and engineering consultants Bara Consulting (http://www.bara-consulting.com) based in Johannesburg. The scope was to design and evaluate the fast-tracked development of a possible mining and processing operation planned to produce between 25,000 and 40,000 tonnes of graphite concentrate per annum at the site near Lindi in south eastern Tanzania.
What we have - nothing has changed.
- Grades of between 95.6% TGC and 97.1% TGC were achieved for the +500µm grade material which exceed the initial target grade of 94% TGC. The +300µm material returned grades between 94.4% TGC and 96.6% TGC.
- The Company has demonstrated it can achieve concentrate grades of up to 97.1% TGC and without the use of chemicals.
- Samples of product concentrate were despatched to various laboratories across the world, including the USA, Germany and China in order to finalise product amenability tests. (off take)
Ann: Updated Investor Relations Presentation-WKT.AX, page-87
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