Great interview. It was also emailed around to all "Graphite...

Great interview. It was also emailed around to all "Graphite Investing News" subscribers this morning.

Some excellent points, including:

"It was our view four years ago that Tanzania would be a significant producer of graphite in the future, led by the Epanko and Merelani provinces."

"AS: We took the view last year that accessing the graphite market for sales was going to be one of our biggest challenges; there are clearly large graphite endowments at both our projects.
The graphite market is terminal, which effectively means that once all the buckets are filled in terms of demand, it doesn’t matter how much graphite you have, you won’t be able to sell it. We’re very focused on accessing the existing market and being able to sell our product into it those markets. We remain the only company globally with a European offtake agreement. So that puts us in a very unique position and it gives our investors a level of comfort as we move toward a development decision.
GIN: That offtake agreement was for 10,000 tonnes of Epanko flake graphite concentrate per year for five years. Is that a substantial amount of the deposit’s anticipated yearly production?
AS: The future demand for graphite is enormous; however, our strategy is to fast track to production on existing demand. At this stage, the offtake is only part of our planned production. We are expecting to increase our sales agreement and offtake component to support higher production levels in the near future"

"AS: Stormcrow recently modeled graphite pricing for 2020. This modeling very much supports our company’s strategy and view on the graphite market. That is, new production of graphite will need to be cost competitive or have a larger flake distribution. The conclusion Stormcrow reached is similar to our own research, and the reason why our project has attracted a sales partner and offtake agreement. It clearly highlights the competitive advantage of having a high proportion of large (>180 micron) and jumbo (>300 micron) flake distribution combined with a low proportion of fine (<75 micron).
The modeled prices by Stormcrow provide Kibaran with a 50-percent increase in basket price value over the current graphite price. This is a compelling example of why flake size distribution is a key aspect in determining commercially viable graphite occurrences. Grade is not related to flake size, and in fact flake size is related to metamorphic gradient and crystallization.
Finally, Kibaran remains significantly undervalued on a technical basis, and we’ll have a significant flow of news over the next month, including a mineral resource and upgraded scoping study for our Epanko deposit."