i like the following, which shows Japanese & US end-user...

i like the following, which shows Japanese & US end-user interest

Anzaplan (Germany) spherical and expandable test results due mid August.

Additional spherical testing scheduled to commence in Japan, late July and USA in August

Milling/sizing Spheronising Sizing - Yields [for others such as SYR] typically 40- 60% - BKT flake and Spherical potential - higher yields expected

Pre Feasibility Study for delivery September

The Company has engaged Engineering and Metallurgical group Metifex as Owner’s Representative to manage the current PFS and planned DFS programme

Targeting the premium battery grade and expandable graphite markets in Europe, Asia and USA

>99% purity and potential for chemical free spherical graphite is attracting interest from end users. Marketing trips well received

High purity of Mahenge graphite tested to date indicate that it can be applied to the premium battery market. Potential cost, performance and environmental advantages if acid purification step can be eliminated.

Significant additional resource potential between Ulanzi and Epanko north, plus 22km of untested graphite lodes at Kituti

Targeting first offtake agreements by end of 2016

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