Another point Banks will be aware off whilst doing their DD b4 financing any mining project;
How long til Graphite will be replaced by any of the many, many new Battery compositions being tested and researched that don't use Graphite as the anode as we speak and a breakthrough could happen any day, then even allowing 5 years for that new Battery to be fully tested, in the past you would allow up to 10 yrs for testing and transition, but with the ability of scientists and engineers today I would say 5 years is more realistic.....so why is this good for KNL? Our 40ktpa start up Business model is presenting Banks with a realistic, very low risk investment as they know we will find customers in the traditional Graphite channels for 40ktpa for many years to come, the expected EV Graphite demand explosion is a bonus for us when/ if it will happen.
This is one of the reasons I feel very comfortable with KNL 40ktpa plan and I predict the Bank/s will see it this way.
KNL (only) 183 mil Shares on issue
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