ASX's downstream Carbon Play

I've been in this stock for a while and the company continues to impress me with the methodical way they are building this company into the first real downstream graphite play on the ASX.

Having a read over the weekend again of the announcement made on Friday this is starting to look a lot like a junior version of SGL Carbon.

SGL Carbon's major shareholders are the family behind BMW (the Quandt family) and SGL supplies carbon products to BMW.

Here we see Panji Suharto heavily involved in WMN with him being in control of Hyundai Indonesia. Given that WMN is now clearly branching out into downstream carbon production I get the feeling that this relationship could develop into something significant along the lines of SGL carbon and BMW.

DYOR