Archer isn't talga in a similar situation? They are yet to start the environmental assessment or the mining license application, they also need the local indigenous peoples consent.
One massive benefit FGR have is 160t of graphite currently sitting in its warehouse,, 20t of unprocessed graphite sitting in SL, 2 mine shafts currently being developed (very slowly) another 39,500ha of exploration area. Hasn't the SL government mine been operating for 160 years, and is at a depth of over 350m
If FGR cannot secure an extension to the supply agreement they can always invest more money into SL, either with more staff, contractors and mine development.
Talga on the other had have no option B, if any company is extremely high risk with security of supply it would have to be talga not FGR.
First Graphene Ltd: 2016 to 2018, page-16
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
