Whats clearly evident is that every company pre FID has been...

Whats clearly evident is that every company pre FID has been dumped in Australia.
Whilst multi nationals overseas provide the funding then reap the most rewards were here only are worried about a dividend.
PLS was a project too big to complete, too much funding, its not viable, it wont make enough money, sank to 12c..then came the asians and gave the funding within 9 months it hit 1.40..
Now that they are paying dividends we buy above $5 whilst the asians sold down..who made the most money?
Remeber lithium was supposed to be obsolete were moving on theirs alternatives..

You have the worlds 2nd biggest graphite deposit outside china and you say its not viable? You will be producing PSG so the costs are too high for your liking but compare it to LKE who just sell raw graphite with average grades.

Just like iron ore you have low quality producers who have low cost and high quality pellet producers with high cost..the end product determines your margins.

If we produced just raw graphite, im sure we wouldnt need a BAM and would already be building a mine.

Similar to whats going on with QPM, everyone saw the capex of 2billion and dumped..Now their wining and dining with premiers going to ventures overseas and have got 1.4billion in pre approved funding..
For us its too much but others who have a vision past this weeks/months trading are buying up dirt cheap as we throw out the baby with the bath water.