The VRC share price has held up pretty well so far. I think more...

The VRC share price has held up pretty well so far.

I think more graphite companies will come out with positive news about their projects in the next week or so. The biggest factor being the 16% share in the profits, no huge deal considering the upside and still 84% profit share. I think the Tanzanian Govt have taken big steps to look after their economy, people and resources, I don't think we will see any further big changes from them for some time. They will not cut off their nose to spite their face.

So, once everyone has got over the shock of the 16%, it's business as usual for graphite companies and they can get on with getting their projects into production.

If SH has gone to China, I don't think he'll come back empty handed! If something comes out of that, it will give more punters faith that the Tanzanian law changes have not affected the graphite players moving forward!

GLTAH!