GPX Chart, page-7

It's a pretty simple play in my opinion. If they get a binding offtake agreement from the current interested Chinese parties in the near future it should go up. If they don't it will most likely go down. Obviously things could work out either way.
I like the fact their graphite is way out on its own in terms of expandability and there is a premium for this quality. Low capex, short lead times all good IMO. Given the regulation changes regarding fire retardants in the Chinese building industry and the fact that the largest Chinese building materials company is currently undertaking a site visit to Chilalo it might just happen that we've hit a sweet spot. If this all falls through it might take a while to get another party interested given that these current Chinese parties have had a 6 month window of exclusivity.