Armadale Capital said it was targeting production of high-quality graphite concentrate from its Mahenge Liandu project in Tanzania in the first half of 2021.

The company said it was currently finalising a definitive feasibility study, with results due in early 2020.

A subsequent focus would be applied to converting current memorandum of understandings with Chinese partners into binding off-take agreements and securing project finance from one or more financial institutions.


At 1:58pm: (LON:ACP) Armadale Capital PLC share price was 0p at 3p