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Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications

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Message: Confidential Off-Takes

Lar,

Thanks for your clarification. Yes, good health and fortune for you too!

Your post says: "...They can also file confidential supporting evidence for review by the regulators, which will not be made public."

I would not mind to have some details kept confidential, but the consultants and company must justify what they use in the PEA (and BFS) to the Regulator (and bankers & their shareholders) for review.

Later, when the company acually produces the stuff and "sell" the products as per "the agreement" with the off-taker, they will have to report (financial, MA&D, NRs, etc) key details to its own shareholders. They may hold back some details, but the bottom line is that the revenue which will reflect the sale price and the tonnage for the period. If the performance does not meet expectation (or a loss rather than a gain as in the forecast) then punishment could be harsh.

goldhunter

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