EcoGraf (AU:EGR) has released an update.
EcoGraf Limited, focused on the development of its Epanko Graphite Project in Tanzania, is gearing up for a clean energy future. The company has confirmed that all material assumptions used in their updated Bankable Feasibility Study and forecast financial information remain valid and unchanged. Their production targets are backed by a sustainable 18-year life of mine, consisting of a mix of Measured, Indicated, and Inferred Resources, with Inferred Resources posing some uncertainty but not affecting the project’s overall economic viability.
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