Ann: Corporate Update, page-32

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raiderup

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06/03/16

13:26

Post #: 17200268
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Originally posted by m0ngy ↑

Raider, i am almost positive you are not a subscriber to the industry bible Industrial Minerals which provides current pricing in real time and location and evidence based opinion. Ok it costs a fortune to sign up but i recommend you do it. If you did you could stop reading and posting based on the rubbish that is spun to every investor. Just to pull you up on a couple of points: There is not a rising graphite demand per se, that view has long disappeared as it has for many minerals. In fact demand is holding its own for some grade categories and demand for the rest is down again, just as it was down last year. Your claim that demand will rise rather significantly over the next several years is no longer supported in Industrial Minerals, that is 2013-14 thinking.
That is one reason why selling graphite is the big challenge and when you look at current prices for large and jumbo flake out of China for a grand a tonne or less you can see the problem for VXL Then you read in Industrial Minerals that relationships to guarantee supply and quality of supply are essential, that one shoddy shipment means no more sales and not just to the actual buyer - the industry is well connected.
Unfortunately Chinese producers have lifted their game now with Industrial Parks so their 2014 disadvantage of inconsistent quality is gone - now they produce some of the best in the world.
So some questions for you:
If you were an Industrial company with established suppliers as they all do, does VXL look like a competent supplier who could provide you with highly consistent flake?
Or do they look like a a bunch of cowboys who are now an industry joke?
Would you buy from VXL?
Given the manifest risks what % of the 'market price' would you pay? 50%??
Would that sale price make VXL profitable?

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The very bottom line is you have no credibility.

Raider

VXL Price at posting: 11.5¢ Sentiment: None Disclosure: Held
6 Upvote

0 Great analysis

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Ann: Corporate Update, page-32

Top Stories

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Raiden gears up for exploration in final quarter of 2024

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

The Rising Tide: How institutional adoption is shaping the future of crypto

The business of sport: Warren Tredrea's take on this week's news

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Reporting wrap: Inghams, Accent, Mayne Pharma

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

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