the future is bright, page-38

If Ancuabe moves to production is anyone really going to be kicking themselves wether they got in at 4.2c instead of 3.7c? Or even 10c average?

I think if it moves to production all shareholders will be seeing green, even the worst hit on the slide from the 80-90c high a few years back.

Reality is the fundamentals are strong however risks remain high despite considerable de-risking over the past 12 months.

What has caused the retreat in share price is open to debate. I believe it to be a mixture of global instability & deliberate downward pressure rather than red lights in regards to the projects viability or future prospects.

We need to see further de-risking in the form of mining concession & favourable financing before we see the share price heading in the direction we all desire.

Favourable market conditions in the graphite sector moving forward & bullish global markets to coincide with commencement of building Ancuabe mine would not go astray either.