I agree with that risk re the opaque graphite market. It's not a bottomless pit of demand, hence why i have invested in the boutique end of it.
My question/point relates to the stated opex of the two companies. Syr have proclaimed their lowest cost advantage for a while now - and it makes people sit up and listen. Is it not incorrect/misleading to include a life of mine opex as part of the headline in the BFS that includes grid power? If KNL did this I believe the opex would have been drastically decreased from it's year 1 opex $570 and it wouldn't have scared off some investors. Maybe i have a beef with the BFS authors i don't know, but it sure is not easy comparing apples with oranges with this sort of inconsistency between companies.
