News: Lamboo Resources, Hengda Graphite Co will no longer merge, page-10

When you a company looks down it doesn't take long for the trolls to emerge on HotCopper does it?

Yes, the Hengda merger fell over through absolutely no fault of Lamboo, but you wouldn't know it from the spate of negative posts that have followed that announcement.

Fair enough, if you are really interested in Lamboo, vent your spleen & get it off your chest.

But these keen supporters of other 'potential graphite producers' who get in here & continue to disparage Lamboo & their resource should just do a bit of reading & get back to their own companies threads to stop looking complete fools.

Maybe some of these posters should read the Hengda update announcement. Lamboo management have gone to great lengths to explain the quality of their resource & why it is prized by potential offtake partners & producers of anodes. They go into a quite detailed explanation of how anode materials are produced & what advantages the Lamboo product has to producers. They particularly address the issue of flake size & it's impact in spherical graphite production.

They re-iterate - 'LMB’s Australian and South Korean deposits have been proven to fit the specifications for high tech battery and storage material. LMB remains one of the few to have demonstrated this through actual product testing not merely processing.'

I'm sorry if posters & moderators class this as overly pushing this stock but I thought both announcements were strong & clear. They were free of padding, stated the facts, & also brought shareholders up to date on progress with the deposits. The re-issue of the scoping study, this time with obvious ASX approval, should prove very interesting reading.

I am also right behind & pleased with the continued strategy to find a way to maximise the profits from what they state, & appears to be, a unique, high end, graphite deposit. And to participate in what appears to be a market that will grow strongly. Be that by joint venture or profit share, participation in the profit gained from the manufacturing profits using Lamboo's graphite should clearly be what they aim for.

And since China are the world leaders in this process, and will also probably be the biggest buyers of EV's, then it is China we will be dealing with.

As a closer I put my money where my mouth is & topped up yesterday.