ALAN:So, you’re saying you won’t be vertically integrated, so...

ALAN:
So, you’re saying you won’t be vertically integrated, so you won’t be supplying your own graphite into the Western Australian plant, you’ll be selling the Tanzanian graphite onto the world market or the European market and then also buying graphite for your plant in Western Australian on the market as well?

ANDREW:
Yeah, absolutely. The downstream facilities are standalone, ultimately makes sense to feed our own material and I guess the five-year vision is really to source the majority of our material from our own operations.


"Yeah Absolutely" - not vertically integrated
So Andrew admits that for possibly the next five years the Kwinana plant will be sourcing its feedstock elsewhere (not Tanzania) whilst the Epanko operation will be sending its flake onto the world market?

Even Allan would have been scratching his head