Not willing to go for downstream processing and remaining happy with low-hanging fruit lead them to share value destruction. Almost at the same market cap, their sp is 1/3 of egr. I feel that it is ridiculous that they promote Posco as a validation of the value, they have. If Posco turns back to them, their core value is lost and in a way, they are worthless because some company is not interested. I feel, for me it was always a wise decision to stay with EGR than going anywhere, if you are looking at Graphite. They have SML for 2 years now, but still bleeding day and night. EGR is still waiting for SML but has 3 times their value and loads of cash in the bank. EGR is way better than any graphite player. All in my opinion. DYOR.
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