Re the Offtake "criticism" of no minimum price set by Tkrupp.[Steve Riddle calls it Take or Pay. His "ideal"]
Anyhow it should also be noted that Tkrupp is taking ALL production. Not specified Purity/Flake Size. This is because Tkrupp is a distributor and end user itself of traditional graphite demand. Euro Graphite Imports are of all flake sizes so to replace Imports ? ergo Tkrupp takes all.
There is also the FActor of KNL having Christoph Frey exclusively involved in the "development of product portfolio"[see 21/4/15 news appointment and BFS comment re Christoph 'input']
He's based in Germany, ex AMG/GK and well connected, respected by Tkrupp/SGL/Uber Alles 'circles' for processing KNL "raw" to peak, market "qualities".
Besides KNL [and MNS] have the reverse proportions Large Purity Flake to the Mozambies. SYR/TON have roughly 30% Large +/70% "Other" while Tanzania goes 70% Large +.
Basically KNL's TON HAS to have a Minimum Price for it's Production because it's going to produce and try to sell so many tonnes of Ordinary, low market value, over supplied, medium/fine flake.KNL graphite also has "good" expansion properties for the use of SGL's "benchmark" Insulation etc.
Anyhow don't want to fan the graphite Thread 'Raiders'. More anticipating what the Lumberjacks ca$h for comment lumberjack/TSE shills IM and Benchmark come up with, or even Ben Kramer Miller.
That'll be much more interesting Contra argument than piffle from King Louie and Dragon Camps.
I'm offline from midday. If the thread gets downramp raided by the super in d'pits would you Siberian @mainholm assist in 'counter insurgency' ?
Looking for trading over 20.5 and STAYING There for Close. State of Global Market though adds to Resistance, though. Maybe @insaf do some intraday TA ? IMO bit silly to day trade pips intra day KNL at moment. Do Short Term 1/2 weeks not 1/2 hours more the "Go". Suppose a 16 stop loss/ Buy gap close 17? wotcha reckon insaf?
Happy Holding and Accumulating.
KNL Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
