Fair crack of the whip ausheds
I referred to Flinders Resources as an example of a graphite company in production whose share price had done down as it was claimed on this thread that once Valence gets into production the share price must rise.
As for Valence having a preferred business model, tell me the difference?
Both companies have not released a feasibility study.
Both companies won't tell us their sales figures.
Regarding your claim that Flinders have no offtake agreements etc they announced a sales contract on 6th May this year.
I see that my cautionary post regarding the rise in the share price on Thursday based on the new drilling results turned out to be correct. Investors want to know the company's profitability and while graphite quality is a factor in cost of production the key missing data is the prices that the product can be sold for. It is of concern that both Flinders and Valence are silent on this.
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