RE:From a German Newsletter
Haha, someone was just faster than me.
Next offtake agreement 2nd quarter 2014
Management of Focus Graphite revealed last week in Frankfurt, Germany that it is going to sign a second offtake agreement with a well-known japanese electronics producer still this quarter.
Mining plant production cost is estimated CAD 126m, whereas 20% are included as a collateral security margin.
Financing will be closely related to the new offtake agreement.
Operating Net income is calculated to be CAD 52m, based on a yearly production of 44.200t and an estimated price p/t of USD 1.886. These earnings would allow full amortisation in less than 3 years.
Focus Graphite is expected to cut the first sod in spring 2015.
https://investor-magazin.de/1922focus-graphite-die-naechsten-wochen-werden-spannend/
try google translate :-)