Graphite price outlook, page-16

Jan 14 IPO at 20c > Oct 14 at 65c??? I'd suggest that is strong market support, let alone the sophisticated investors that have quickly tipped in another $15m @ 70c. Tell them your "short" story.

"The rare earth example of this is Lynas Corp, driven to the verge of bankruptcy with its shares almost worthless because China keeps undermining its prices."

Absolute & total nonsense. Lynas would be dead & buried without Chinese support, they are currently selling about 90% of production into China at a slight premium to domestic. Once again, good old conspiracy theory, China creating low prices, that's ancient history 1995/2005, we're two steps forward from that. RE are not a particularly good template here for an number of reasons but particularly as ROW have retained the tech & capital base to value add in the graphite space. China does not control 80% of end markets nor the high end processing.

15th Sept Ann: "This average sales price remains consistent with the anticipated average sales price expressed in 2013 Scoping Study. This confirmation is also supported by the current MOUs and ongoing negotiations with customers by Valence Industries."

While this very much remains a spec stock IMO there is more than enough info in the marketplace to hold a good deal of confidence in the potential and quite frankly I find your down ramping a very loose collection of anecdotes cobbled together to suit your agenda.

That said, the market will be the ultimate judge in coming weeks.