A technical brochure only. The key valuation parameter, revenue,...

A technical brochure only. The key valuation parameter, revenue, is missing from this presentation. What price assumption backs the project? There is discusion about market demand, how about market supply? How does TON see the interplay of burgeoning demand , balance with burgeoning inventory of global graphite resources? No disclosure about the off-take agreement with the Chinese company. Understand this might be commercial in confidence, but something about the pricing mechanism would be appropriate eg (fixed price, market price) to make an informed investment decision. What threat is there from substitution from non-jumbo flake, other battery technology, etc.