Ann: Bass continues successful commercial ramp up at Graphmada, page-94

Just need to do a little more research. Stage 2 will deliver the same price per tonne as stage 1 as it is essentially the same just on a larger scale. Stage 3 is a whole new process. It will focus on the production of expandable graphite which can achieve sales prices of the stated USD$4,000 per tonne. For stage 1 and 2 a better estimate at this stage would be the USD$1,000 Cazz mentioned. But of course we haven't been given any clear guidance on the expected bag distribution and price so that could be way off also.

Not shooting down, just helping out.