Graphite price outlook, page-14

Of course, and less nonsense & unwarranted negativity would be equally appreciated.

Anybody who has spent 30 mins researching here would see that recent Ann's have confirmed, and improved on, the baselines from the original scoping study, including supporting pricing data from the MOU's.

As gaza puts it well above "if valence hadn't put everything on hold and went back to the design capabilities I would have had a lot lower opinion of there capability to succeed".

The comparison to Flinders is more than ironic when they have just bought another deposit, on another continent, to bolster their resource while VXL are stating "updating the established JORC (2012) Mineral Resource" from recent drill results. Does anybody seriously think the JORC is going to shrink???

Contrary to the weak conspiracy theories & negative insinuations: " Valence Industries proposes to implement as soon as possible those stages of Phase II that can commence early. This may include preparation of Uley Pit 2, baseline civil work, preparatory infrastructure, longer lead time orders, detailed design and engineering and early contractor involvement (ECI)." And they've raised $15m to do so, plus the additional exploration work, and no doubt cover some of the slippage re Ph1.

While we don't have the data to evaluate any potential upside ATM I'd suggest there is more than enough to be confident of the baseline, and to make a mockery of the negative Nellie's. ATP I'd suggest the market agrees with me.