Hi Sparecash,
You don't need 3 tonnes of graphite to produce 1 tonne of spherical graphite, other ASX listed companies are seeing conversion rates around 1.6 tonnes to 1. the end result, you have 1 tonnes of spherical graphite and around 600 kilos of fines, which can be used in numerous applications, including fire retardants.
"1 tonne of Lundi Jumbo’s expandable graphite can make up to 3 tonne of product due to it’s unique expansion ratio"
1 tonne of graphite when it is expanded, is still one tonne, you cannot magically create 2 additional tonnes of weight out of thin air.
The difference between expanded and non expanded graphite is the volume. It is embarrassing how you guys have no idea about the market you are invested in or understand what expandable graphite is.
Although expandable graphite is more valuable, you need to ship 3 times the volume as you would if you were shipping graphite concentrate.
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