It tells us the the makers are capping the price…The fundamentals are way above any peer project
The desperation to keep a lid on it is telling…
Spid81 confirmed today the basket price is at premium to the DFS which was US$500 cheaper than f Basket price…China now grinding away larger flake graphite to protect their billions of investments…
Supply chain value is in off/take agreements not the spot market filled with uncertainty…No bankers case in uncertainty…Gemcorp have just completed all due diligence and drawdown has been confirmed…
Regards Croc (First mover advantage underpinned by expandable markets…)
Ann: Development progress - Lindi Jumbo project, page-1198
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