I understand your frustration, over the past few weeks you have seen POSCO continue its developments with BKT and EGR, but sadly the company you have invested in hasn't provided any updates on POSCO for the past 2 years.
No doubt you also understand the significant nature of localised purification and it might explain why one of EGR's peers has objected to a patent, Its pretty clear to me that POSCO is intending to use one purification method and they want to buy spherical graphite from other sources to be treated in the co-owned Purification facilities.
It's well worthing thinking about this idea for a while then determine what implications this might have for your own investment that has zero binding offtakes.
EGR Price at posting:
16.0¢ Sentiment: None Disclosure: Held
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