every real sustained big re-rate, that propels from 10 to 70, from 70 to 200, from 200 to 1000, comes from a transition in thinking from the market, attaching credibility to the stated objective, that eventually surpases speculation.
Ancuabe = large expandable flake fire retardant. = SHite loads of margin, and free cash flow, and come the next super bull commodity that the market wakes up to.
Offtake = a committed buyer of your product, ie Due diligence of your nose powder.
85% debt finance = due diligence of the lenders to back you.
NH JV cash injection = a partner willing to develop a Syrah Mk2
Look at the world ahead, and its Batteries, its graphite, its graphene, its vanadium storage batteries.
So the world is changing, and its changing in the direction of our assets.
While we have had our road blocks, WGX has to be seen as them trying to get into our Graphite space, not us wanting their lithium. It was a pill too big to swallow, and we told them to get stuffed, and behind the corporate curtains they listened.
This last 20% from Grafex is a great value add for its cost, and that causes us to reload the tin, so its simply necessary tyre change to get back on the tracks ahead.
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