its a very good announcement BKT increased total grade for the...

its a very good announcement

BKT increased total grade for the entire distribution by 1.0% to 99.0% while maintaining their flake size from the original 21/6/16 tests

the (worthless) less than 25 micron category is now 0.4% of the distribution, down from 5.2% and 8.3% in the previous tests, which is very good

the basket price has increased in value

its a really good announcement - increase the overall purity by 1% is a lot since the benchmark TGC grade is say 95%

therefore, from the benchmark, the grade is improved by 20% (since 1% of 5% = 20%)

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