Yes indeed, fair point, BKT should learn any lessons on things to avoid when building a graphite mine. But we are one step back from even starting construction. I don't have any real sense that finance will be coming anytime soon. Their language suggests that. Even with the last ann on 19 July ...
"...Debt financing process well advanced with management seeking credit-approved term sheets from lenders in Q3 CY23"
They just say "seeking", not "expected", or anything remotely more certain. Processes have been "well advanced" since Christmas 2022.
And we are now more than half way through Q3 CY23, and still no mine finance.
Fingers need to be pulled out here.
All IMHO, DYOR
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