Good interview, still years away from any real growth though. Costs too high at Balama as picked up. Spot price only a mere $100-$150 per ton more than costs at current pricing.
Rather a lot of work, and risk to take for very little gain. If Graphite prices don't rise, Balama will just not be a cash cow as many had hoped.
All up, a lot of work to do and hopeful prices will rise. But if not, and if prices decrease significantly once more, I would expect Balama to shut its doors again at some point in the future.
Alan Kohler Interview with Verner, page-12
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