Profit taking from the crazy run last week. Crazier still is that there's so much more to go. This story is only just beginning.
The offtake/financing discussions are very well advanced. I've been following this story for quite some time and everything coming from these potential partners has been very, very positive (there are even videos of them doing their own expandability testing and there is genuine excitement in the room as they see how the Chilalo product performs). They are in Tanzania this week meeting key stakeholders and completing their due diligence. I'm very confident that Graphex will soon have a cornerstone shareholder / partner who will expedite this project towards production. Removing this remaining risk will cause a massive re-rate.
All a matter of time in my opinion.
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