This is the most detailed update on activity, milestones and timeframes the company has ever released. They even use words like timeline and milestones. Kudos.
Lot of reading and rereading to review against open questions.
But yes... we are seemingly a short while off financing for either Epanko or EcoGraf.
Seems Epanko we are in round 17986 of negotiation with the Tanz gov and all the associated players.... early 2019 it seems ( unless they are moving to a under promise over deliver modus operandi....in which case maybe sooner)
EcoGraf seems nobody wants to fund until the financials are redone.... which apparently is going to take at least 2 more months ( wow ... just plain wow) to see if plants with 20% increase in battery Graphite price and multiple feedstocks and the addition of “fines” for sale. I would have loved a statement like “the plants were already projected to be hugely profitable ... the new study with multiple feedstocks, fines and increased prices, is going to be worth the wait because it allows us a much better negotiation position if we can independently verify that they are even more profitable than previously identified”
But alas we are not into big brash statements.
More reading and rereading
KNL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
