If I am not mistaken, they area 1 tonne bags. pulling some USD...

If I am not mistaken, they area 1 tonne bags. pulling some USD prices from northerngraphite com:

		Flake Size Distribution1
Flake Size	Price2 (US$/t)	Northern	NOU	Mason	Focus
+32 XXL	$ 2,300	22.00%	1.20%	0.00%	0.00%
+50 XL	$ 1,750	37.00%	15.00%	13.30%	12.00%
+80 large	$ 1,400	34.00%	35.40%	16.20%	27.60%
+100 medium	$ 1,200	6.00%	21.00%	6.00%	13.20%
+150 small	$ 800	1.00%	21.00%	6.00%	24.00%
-150 fines	$ 500	0.00%	6.00%	59.00%	23.00%
Current weighted avg. revenue/t		$ 1,710	$ 1,236	$ 874	$ 1,062
Revenue/t used in Feasibility Study		$ 1,800	$ 1,730	$ 1,583	$ 1,700
1. 80% meeting size spec 2. FOB Europe

I don't know what they are getting form this mixed size graphite at eighty something percent purity, but making a stab at USD500. 26 bags x 2 = 52 tonnes at $500 gives USD26,000 worth leaving the plant every day. Obviously this is a pretty wild guess. Maybe they are covering daily running costs but not yet debt servicing costs. As they ramp up with quantity, purity and higher flake size this will improve. I feel it will be touch and go whether they need a further injection of cash. They still have debt options left of course.