Ann: Commercial Production Declared at Balama, page-21

This stock has been on my watching list for over a year, finally bought the first ever load today.  Reasons for the buy:

1) "Q1 cashflow positive" is a significant millstone.  In addition;

2) Demand increases exponentially; 

3) Graphite price looks like to have bottomed out in long-term;

4) Like rare earth, graphite production is dominated by China (75%), and therefore it's of strategically importance for USA and Japan to have alternative suppliers - price premium (seemly they already achieved it); and

5) Good discount to the placement price a few months ago.    

Hope it's right decision.