did you read Wilma’s post above ? the image answers your questions- 2, 3 and 4, Please note that the figures used in the BFS are extremely conservative, (due to who we are looking at gaining finance from)
I am guessing you have never read any of KNL announcements,
from KNL's QTR report
"Project finance discussions are advanced, with prospective lenders awaiting clarification from the Mining Commission on various aspects of the legislation affecting lending arrangements"
KNL will not be the only company that will have these issues.
I really wish the WKT HC users would stop with the "WKT will be the only graphite miner who will be successful" KNL and WKT have completely different target markets / off take agreements, both should be successful. we are not in competition.