if we look at flake composite for specific markets this is what...

if we look at flake composite for specific markets this is what we looking at


Size: +500 microns, +35 mesh
Purity: 97.5% TGC
Key markets: Aerospace, composites
and niche markets
Current pricing: US$4,000-6,000/t CFR**

Size: 300-500 microns, +50/-35 mesh
Purity: 97.0% TGC
Key markets: Expandable graphite,
composites and electronics
Current pricing: US$2,500-3,000/t CFR**

Size: Sub 300 microns, -50 mesh
Purity: 99.1% TGC
Key markets: Spherical graphite for use
in Li-ion battery anodes
Value-in-use pricing: +US$2,100/t FOB**

BKT in summary
Progressive de-risking of key project
components: Resource, metallurgy,
logistics, marketing
Currently being infill drilled to deliver Measured and Indicated resources.
Low strip ratio and simple mining
Ongoing metallurgical test programme has potential for further purity increases beyond 99.1% TGC
* JORC Resource announced to ASX on 29 February 2016
** Scoping Study announced to ASX on 22 March 2016

BKT is conducting a Pre Feasibility Study of its wholly owned Mahenge Graphite Project
Graphite resource discovery of 131Mt @8.9% TGC* including 37.6Mt@ 10.2% TGC

Exceptional metallurgical characteristics achieving >99% TGC flake purity with scope for further
improvement. Premium pricing for premium flake

Potential to manufacture spherical graphite for Lithium Ion Batteries (LIBs) without chemical
purification. Additional price premium on success

Pre Feasibility Study underway utilising a World class technical team. Simple logistics Comprehensive spherical graphite test programme underway in parallel to metallurgical test programme
Planned for completion September to follow up on positive Scoping Study results**

Exceptional metallurgical results

 Potential to manufacture premium spherical graphite without a costly and environmentally sensitive acid
purification step.

 Results achieved for Ulanzi oxide, Ulanzi primary and Epanko North primary mineralisation.
 Anzaplan (Germany) spherical and expandable test results due mid
August.
 Additional spherical testing scheduled to commence in Japan, late July and USA in August
Screen Size Mass % TGC % Cumulative mass %
Weighted average TGC%
+500 µm 1.1 98.3 1.1 98.3
+300 µm 17.9 99.2 19.0 99.1
+180 µm 35.2 99.2 54.3 99.2
+150 µm 9.5 98.9 63.8 99.1
+106 µm 12.9 99.0 76.6 99.1
+75 µm 9.3 98.9 86.0 99.1
+25 µm 8.8 97.5 94.8 98.9
-25 µm 5.2 81.5 100.0 98.0

Table 1. Size and TGC assay results for Ulanzi oxide Bulk sample
>99% TGC purities achieved from simple flotation.
Across ALL size fractions >75 microns

Apologies if some already know and have taken the time to read these announcements - if not your more likely a trader than investor and have no real sustainability as a long term holder.

nOTE: I have no interest in trading this stock however will still comment on price action but my main reason for being here is the high grade and size of this low hanging deposit and getting it to production as management have discussed in these announcements

so now we are getting very close to PFS being released in September 16 - a week away ( could be why some trying to get in cheap now before PFS gets released ) then its BFS and offtake to consider as near term catalysts

Regards G101