Tanzania is expected to be the largest producer of graphite, page-29

From Edison's update on Volt Resources, 14/3/18:

"On this basis, using a 10% discount rate to reflect general equity risk and an average US$1,684/t graphite basket price for revenue calculations, we see a potential 7.93 cents/share value for Bunyu Phase 1, rising to 9.60c in 2020 as production and sales reach steady state, under our assumptions."

A sp of 9.6c a share in 2020, isn't the prediction of a high flying sp that most investors are hoping for!!!



("Volt Resources is a research client of Edison Investment Research Limited")