Ann: Graphmada Graphite Mine Operational Update, page-32

Hi guys regarding sales I got this response from our CEO Tim Mcmanus (related to my observation that they are building big investories and not much sales until now) : "Remember slow and steady does win the race. As always we’re looking to manage risk and get maximum value. So building inventory prior to the wet season at port is a key strategy to reduce logistic risk. Secondly we have been allowing the market to soak our graphite into their supply and build relationships. Selling graphite is not like selling copper which you could sell on a street corner. Our customers are using our graphite in highly specialised applications with very technical parameters not just carbon content. So it does take time for the market to first understand the new supply even in an off take situation and we’re happy to build our stocks to ensure consistency of supply even when experiencing logistical interruptions. If indeed they do eventuate".

Hope that helped,
Happy multi-bagger investing to all !