In this video interview, Chris Darby talks of "highly advanced" talks with buyers of various graphite products, especially in Asia. Good news:
http://www.proactiveinvestors.com.au/companies/stocktube/386/christopher-darby-managing-director-of-valence-industries-speaks-with-proactive-investors-at-the-mines-and-money-conference-in-hong-kong-about-the-companys-plans-for-graphite-production-386.html