The comments by MT on the business model of other graphite miners entering the Anode market was telling in that it would seem the only competition for TLG graphite anode was synthetic graphite and that blending was becoming prevalent ie they have had discussions.
It would seem that graphite miners economics rest on the price they can sell the non-battery graphite for and that this market was awash with stock ie low prices so mines had to close which explains the doldrums some are in. Battery is not the saviour of these mines as they cannot get good prices for the rest of the graphite which drives the viability of the mine.
Talga has not such an issue as the TLG graphite is ALL anode friendly and it would seems the high carbon footprint of synthetic graphite is driving many automakers towards requiring TLG graphite.
Just need time for all of this to come together but high demand makes for very very interesting few months.
Grwoing demand and Niska scoping study following closely after the DFS could blow this well out of the atmosphere and attract a lot of Chinese interest before it gets away from them
TLG Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
(20min delay)