I should have added some downside risks to the above. 1) The AUD may appreciate against the greenback, hence the AUD price we recieve for the ore will decrease (note the FEC report assumed 73c exchange rate) 2) Perhaps they don't have much ore and the mine only lasts 3 years or something silly like that. 3) Political forces - perhaps SL gov want to take a bigger cut or something? 4) New battery tech that doesn't use graphite? 5) a Glut of graphite causes a sharp decrease in the price (depends a bit on whether the demand keeps increasing as it has and is predicted to do) 6) Other factors I can't even think of?
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I should have added some downside risks to the above. 1) The AUD...
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