EGR (ASX) Oct 18 News Still to Come

Originally posted by 564xxl ↑

Ok in the last couple of weeks we have had a couple of great announcements

First there was the extension to the Epanko Mining Licence a requirement of KfW to progress funding. Great news.

Today we had EcoGraf Purification Achievement. This should not be sneezed at and may, pending further announcements, add more to KNLs worth than all else. Lets say you are a company that is seeking environmentally responsible suppliers with environmentally friendly processes..... I think most of the European Car Manufacturers would fall squarely in that camp. Lets say you were looking at new suppliers of battery grade graphite.....Hmmmm everyone using horrendously environmentally unsound Hydrofluoric acid based purification process...that also mean the fines are wasted because the graphite becomes brittle....and they are all largely based in China....and you are trying to reduce your exposure to Chinese supply chains for critical minerals. Wait...what have we here? EcoGraf from KNL. Able to be based anywhere. Not reliant on a single source of Graphite as can handle multiple feed stocks from different mines...and seemingly work just as well. Wow, environmentally friendly as it doesn't use Hydrofluoric acid.

Put simple, what Battery Grade Graphite user on the planet would not now be looking at EcoGraf.....it is environmentally friendly whereas current sources are not, it is not reliant on a single mines feed stock so no country risk, and it can turn traditionally low value fines into a high value byproduct.

Ok .....Now that we have those pats on the back out the way...what are the announcements that KNL holders and would be holders can and should be expecting in the near and indeed very near term? Glad you asked .......In no logical order:

From today's announcement. Some financials to go with this .

Signing up supply agreements for 3rd party feed-stock to EcoGraf pilot/plants

Partner detail & Funding for EcoGraf plants....yes plants...as it has been noted the use of the plural plants. Assume Germany EcoGraf plant and potentially Korea ( otherwise why the recent photos of all Exec in photo in Korea with Tanzanian and Korean officials)

KfW finance approval with details if finance is still for 40m? Plus details of the arrangements for remaining capital requirements. I wonder if KfW is increasing their involvement, noting in the last presentation Nedbank was left off but EFIC logo was still there. I also note that apparently all KfW was waiting on was the ML extension so announcement on this can't be more than 6 weeks off assuming a 6-8 week finalisation process

GGG update as part of Fiance update

Sales agreements for 3000t of Battery grade from pilot plant

Tanzania free carry arrangements

Tanzania mine preparation progress

Tanzania SEZ licence

Epanko Tanzania downstream optimisation plant

Staffing details Tanzania, Germany and Australia .. .new people and senior/management positions that have been created and filled to manage this spectrum of developments across multiple countries and continents?

Upgraded NPVs for Mine with downstream and Epanko with both multiple plants, multiple feed-stock and use of fines.

Did I miss anything?

564xxl
Sorry about long email...lots of good good stuff on the go awaiting imminent announcements

Expand

Has anybody any updates on these fronts? Do we still expect many of those updates in October?

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