VRC still on track - nothing has changed, page-99

This is an article posted by @tobyjack on another thread yesterday.

It summarizes a number of points I have tried to make over and over :

The sector is completely over inundated with graphite "hopefuls and juniors". Everyone here I think forget the TSX. Since 2010 the number of graphite companies on TSX has gone from 2 to 80.

The cost savings per car for using natural v synthetic is only $400. IMO I can't see any reason why an EV producer would risk changing from the incumbent technology to using natural for this amount of money.

Tesla have never said they will go to natural graphite. Musk has indicated the only change of note will be increasing the amount of silicon in the anode.

SYR going into production is going to cause a major supply glut.

His conclusion is that "there is only one possible way for flake graphite prices to go and that is down. The market will very likely be oversupplied for at least the next decade"

Again these are all points I have raised before and IMO these issues are well understood by the institutional and finance communities, that's why there is and IMO won't be any support in the sector and that's why the expectation of financing is again IMO nonsense.

http://seekingalpha.com/article/4047957-graphite-investors-beware-prices-collapse