I think I'm missing something here. Commercial production? I had noticed that revenues aren't recorded in the 4C, for some strange and dodgy reason revenue is applied against production costs before being shown in the document. Is this linked to some sort of test phase or ramping up such that 'commercial production', is a marker that will state the plant is operational?
Is so the binding offtake agreement which is dated to start in 2019 must be commercial production? Not that we know when in 2019 the agreement starts.
Ann: Binding Sales Agreement with Qingdao Langruite Graphite, page-13
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