Sojitz is a commodities trading company.
The issue I see is, instead of supplying the graphite to themselves as suggested in investor presentations by
reference to vertically intergrated business models, they will now be buying graphite from Technographit, another commodities trading company.
In essence, should Ecograph get both projects up and running, they are in some form paying the middleman for their own production and their own supply.
It seems at point 2. are you suggesting the company was never able to achieve a vertically integrated supply model as announced to the market and this was all marketing hype?
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