Matt Bull, technical director at Armadale Capital (LON:ACP), updates Proactive London's Andrew Scott on developments at the Mahenge Liandu graphite project in Tanzania.
Bull says they're on track to complete a definitive feasibility study (DFS) on the project by Q4 this year.
A scoping study released in 2018 revealed an NPV for the project of US$349 mln and development CAPEX of US$35 mln.
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