Just to clarify
"studies relating to potential future projects (Spherical Graphite Facilty, Recarburiser Products and the Vanadium Project) -$270m in total"
All these plans require vast sums of money.
The $270M is for all expenditure estimates to 30/6/17 and with instutions supporting the equity raising to the extent they have, do you honestly think they are just taking a punt , or do they know something more than us.
Column 1 Column 2 Column 3 Column 4 0 Estimates Uses to 30 June 2017 Aud$M 1 Balama Graphite Project development $198 2 Total development costs $198 3 General and Administration costs $24 4 Net working capital $41 5 Studies relating to future potential projects: 6 Spherical Graphite Facility $7 7 ‐ Recarburiser Products 8 ‐ Vanadium Project 9 TOTAL USES $270
PS on looking at preview the table is a bit out but figures are correct
Just to clarify "studies relating to potential future projects...
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