The graphite space is easier to make sense of if you make 2 piles.
One with verifiable, arms length, 3rd party confirmation of a project's credentials such as binding western offtakes, western bank debt interest, and western government support, relating to real world demand.
The other pile contains the rest. Chinese deals and self reported technical superiority relating to 'projected' future demand.
No brainer.
The graphite space is easier to make sense of if you make 2...
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