After years of previous management inability to secure funding...

After years of previous management inability to secure funding for Bunyu and progress the project into development, and also given where the share price is currently at Vaughan, it would be hard for most holders to share your optimism right now. I do agree however, that with Execution, project progress & development and generation of revenue anywhere near those numbers, the potential upside could be in the multiples. It will take time to get there, but it's key that it starts and investors see a clear path forward.

Another Tanzanian graphite in WKT today announced that their Lindi project is poised for Go Live in Q4. The rerate on that stock is just getting started.

Asimwe shared this post on Twitter on the 3rd November. Tanzanian Government support for Bunyu development is hugely important to get financing done.




Also with the SPP in flight I'm not expecting too much action on the SP front until it closes on ~16th November. However, I think it might just light up when the offtake with the NASDAQ listed battery producer is signed. Should this happen before Bunyu funding, it just could be a material catalyst to get a Bunyu finance deal done also.