The only reason EGR is going straight to 25ktpa is due to actual demand from customers, this is now a much better proposition for the following:
* Single stage construction will be significantly cheaper and faster than the two-stage plan.
* Producing an additional 5ktpa of PSG + ~ 3ktpa high value by product could comfortably mean another ~$20mil + income PA for very little additional One-off CAPEX
* I have been saying for a while that OEM's, Cell Manufactures and even Western GOV can't wait years b4 they commit, EGR is in pole position and
commitments will need to be done this year if they want to hae a chance of having Quality Graphite supply for their Giga Factories and all the new EV's that they want to produce and for which there is significant customer demand - worldwide.
All IMO
Ann: Annual Report to shareholders, page-10
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