Cazz, Stiltskin is partly right..."You're talking about 3 projects, but we'll need only 1 to make a very good ROI."
If there where any insurmountable issues with getting our product from Mine to Port you could safely bet that one or more (but at the very least one) of these people/Co's/Gov/Banks would have picked up on that:
1. Our late John Park, wealth of local knowledge and well respected.
2. ThyssenKrupp, huge organization with access to appropriate data to allow them to make informed decision.
3. German Gov & Bank, same as ore even more than point 2.
4. Nedbank, same as point 3 plus superior local knowledge. Just a reminder what Nedbak's view re Graphite Sector is:
Nedbank Senior Investment Banker, Mr Mark Tyler commented: “Having followed the graphite sector and the many global graphite projects over the past 2 years, Nedbank is delighted with the prospect of partnering with Kibaran Resources in Tanzania. Given their blue chip off-take partners, combined with their realistic business plan and suitably experienced management, we believe it’s currently the best credentialed project for development in the graphite space.”
5. Sojitz, huge Co in the Graphite space, asked and got 200t of our dirt delivered for Production Scale Testing and all we had to talk about yesterday was how on earth did KNL manage to get it to them, hilarious and fun to read yesterday til it got a bit to silly.
I will be very happy if we stick with one mine as there's is plenty of resource there for many, many years and that includes supplying our Spherical Plant without the need for further capex building a 2nd mine etc... If the demand should explode we have two more deposits to fall back on, beautiful..
Further interesting reading courtesy of @bluesamurai :
http://investorintel.com/technology-metals-intel/tesla-triumph-hope-experience/
(KNL 190mil shares on issue @ 0.16)!!!!!!!
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