Now they are talking about value added graphite ! finally they are revealing their long term strategy ! Start small, simple, low capex, build customers step by step and grow from there. That is IMO the best viable strategy in the opaque graphite market in order to decrease risk while increasing rewards for shareholders. Bass management are doing it the right way and it will pay huge dividends in the future. This is clearly by far the best least risky graphite investment on ASX. Once they finish refurbishing the mine and building the enw processing plant, then sky is the limit (expandable graphite and spherical graphite are booming, 10.000$ per tonne minimum).
"It also seeks to be the first to reliably supply new markets such as the expandable graphite and lithiumion battery markets, without exposing its shareholders to single market sales risks. We look forward to updating the market in the near future with further developments from the hard working team at Graphmada."
BSM Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
