What's happening in Tanzania?, page-229

If you were responding to me, I'm not trying to be optimistic at all. I'm well aware of the potential difficulties and timeframes involved.

I said commencement of Kwinana construction mid 2022, not Epanko. With regard to Epanko development, as I have said many times before, I have no idea. There has been silence on this front for a long time, apart from a few throwaway comments on engagmeent of financial advisors. Let's see what next week brings for a number of other Tanzanian hopefuls.

@MILLERBLAKE, I do believe that Epanko is important to EGR in the long run. EGR is not vertically integrated without their own source of graphite and of course the added profitability and security that come with this matters. But the BAM business stream is not dependant on it and will ultimately be the big money maker.