Ann: New Strategic Plan Developed for 2018 Production, page-19

Well Robo007, at least someone reads my posts!

At 10,000 t/a to 20,000 t/a the potential income for VRC may be in the range of $12m to $25m a year at AUD$1200/t, up to $15m to $30m per year at AUD$1500/t, average price.

This announcement still doesn't address the company's funding issues for the next few months. The market is certainly still digesting the announcement and the options have taken a hit this morning. The sp looks to be trending lower.

I certainly wouldn't be buying the stock now. What the market thinks of the news will be of interest. No panic selling yet! But it certainly wasn't the news I was looking for. IMHO the stock will fall lower over the coming weeks! If that trend continues I will be selling some stock at a loss, and I'm not happy with that idea!


Current US prices for graphite
XL flake $1,750/t (+50 mesh)
Large flake $850/t (+80 mesh)
Medium flake $750/t (+100 to -80 mesh)
Fine flake $625/t (-100 mesh)