It's great to see WKT and Lindi has been able to go down a traditional debt funding pathway to seek capital and help install Lindi as one of the premier stand alone Graphite Projects in the world. The additional bonus of full Government Support from a country in the continent of Africa has proven to be a potential necessity and a great result for all concerned.
I feel for those Graphite projects who are unable to gain support from their respective Governments and therefore, to this day still seeking funding. Especially those with major capex issues who choose to hide behind the excuse that Africa isn't receptive to foreign investment. Something Lindi has proven is untrue through it's Majority Debt Funding.
Lindi has proven Genuine Graphite Project able to stand on their own two feet can be funded. Those still seeking funding after years of trying without success or any direction going forward must now come into question. First movers advantage will prove to be an overwhelming success for Lindi with many end users starting to question if they backed the wrong project. AIMO and as always, DYOR.
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