Ann: BKT Confirms Industry leading Processing, Grade & Flake Size, page-6

wrong. BKT has not been making announcements like this for a long time. BKT have never announced a bulk testing announcement before; nor has any other ASX graphite company in my recollection.

the bulk testing is very important because it is necessary to show a large scale production facility can work & can also show potential customers certainty in product quality

companies such as MNS and KNL have been telling the market about CAPEX funding for some years now but have not announced any funding to date. will they get funding it they have not proved a full-scale plant will work per their BFS?

als, offtake arrangements for graphite are very specific in terms of product quality & can easily be cancelled when product quality is not met. therefore, basically most 'binding offtake agreements' by a non-producer are meaningless

i suggest to read the posts of @cartex, who obviously appears to be an industry veteran & professional