Ann: PFS Delivers Lowest Operating Cost Flake Graphite Project, page-15

I can't even bring myself to read it @butz. Probably his buddies who paid 11c for capital raising are a bit the same.
Maybe resettlement and compensation and legal matters.

what I have observed is 44 to 52 should result in lower costs and much higher margin given it was a simple crushing circuit addition.

I can't lay my hands on it but those 18c options are listed in the annual report - terms and conditions of unlisted incentive options - 16 050 000 @ 18c - expiry 31/7/2020. They did make an announcement somewhere in a quarterly or somewhere.

It's quiet depressing looking through these prints of quarts etc.

April quart - completion of PFS mid 2018.
29/5 - PFS on schedule for completion in July.
30/7 - Discussions with ESCOM confirms access to grid power on site.
Nothing concrete with rail mou.

etc etc.

They better restore some credibility with something solid soon.
Stephens will still receive his 50k bonus no doubt even though they are miles off from the SS.