Ann: Bass signs Sales Agreement for 50% of Stage 1 Production, page-52

Cartex,

You say it will take a couple of years to reach 3,000MT pa.

Yet management have consistently stated they expecting to achieve same by end of first qtr 2018.

" The Group is forecasting that mining and production will resume during December 2017 with a steady ramp up over the following three months to reach the plant capacity of 500 tons per month."
You say...Competition is not going to lie down and let new entrant etc...

Yet Bass are an existing producer upgrading plant, mining reputedly high quality "premium" product which is not available from all producers. There is supposedly unprecedented demand for product and rising prices.
I also note you mention refractories and crucibles, but make no mention of the growing Li battery market, which is where I ( perhaps wrongly) understood the high end product was destined.

Can you comment please.