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clock Created with Sketch. 21/07/23
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Originally posted by potchip:
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The irony is Spid was, and still dives toward marginal graphite 'producers' like moth to a fire. Like BSM, now GW1 (and pivoted recently away from a graphite mine that never made a profit and bought cheapishly), or MRC (bought a marginal mine that Spid brushed aside stating 'it's OK if it doesn't make a profit, the money is in Anodes plant') except there's no money to build that Anodes plant and recent depression of Anodes prices not boding well for any unfunded graphite projects short term. Just end less raises to fund a black hole.
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So true, it’s like watching a train crash in slo mo over and over. The only company to make very significant progress, he sold out of and now desperately wants it to fail….for his own selfish purposes.
(20min delay)