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Ann: Ancuabe Permitting Update, page-111

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    You make some valid points, but what you need to understand is the highsst priced graphite in tons basket isn't going to be going to batteries, more likely that's aimed at nuclear and other high end applications. As they are the industries that pay the most. Battery company are looking at good quality flake that will make the batteries cheaper. Your never going to replace synthetic graphite, natural isn't that good, all you need to do as a battery producer is limit it.

    To get to mine, I believe it's going to take ton at least 3 years. In the meantime there might be enough time for demand to pick up enough there might be customers for tons graphite, but I would not hold my breath, as demand isn't growing like forecast, and graphite price is significantly down compared to 3 years ago
 
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