DNI MOU with Peninsula to provide 20,000 tons large flake into Korea for calendar year 2018 will be an outstanding achievement, The Pilot Plant (1 $Million cost ) should we operating end of 2017 producing around 6,000 tons and presumably the rest solicited through DNI wholesale graphite business. 14,000 tons is a large step up from the quantities they have done so far.
The suggested margins on the pilot plant graphite will be around 50% delivered. Wholesale Graphite margins up to 10% delivered.
They will need large CR to build a full scale Plant.
CGM Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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