Ann: PFS Delivers Lowest Operating Cost Flake Graphite Project, page-9

I'll take the PFS at its word. Discussions with customers are well advanced. Binding contracts for the complete production of 52,000 tons would be a milestone and would cause the share price to rise. Graphite prices are conservative. I posted the current prices a few weeks ago. SVM will probably achieve a price of US$ 1400-1500. The agreement with the train is just a formality. The MoU was very "binding". The mine will be operated with diesel generators until 2024. I would have wished for a lower CAPEX. +68% is very much. But we don't have to be unhappy. There is progress