The andapa plant could be the third stage. If we define huge...

The andapa plant could be the third stage. If we define huge resources at andapa we should expect a much bigger plant there it is also much closer to port. Costs would be easily lowest in the world. The way i see it is this one :

First stage / plant : lohorano at 8.000 tpa

Second stage / plant : mahefedok at 16.000 tpa (just doubling all equipment of lohorano plant. The drying circuit is modular and easy to command from our supplier in south africa a bespoke circuit expanded from current 12.000tpa to 16.000tpa. Flotation cells would be manufactured on-site. I would speculate the whole plant wont cost more than 15M$ capex and would be built in less than one year. The whole capex could be financed from execising options and free cash flow).

third stage / plant : Andapa at 32.000tpa just doubling equipment of mahefedok plant. Total capex not exceeding 30M$. By this time BSM team would be expert building new graphite plants with off takes and estabilshed long term customers and a burgoning graphite market this goal would be easy to achieve.

Total : 56.000tpa of large flakes premium priced graphite by 2020-2021.

All this avhievable and realistic potential is without counting any lithium potential...

I guess it is easy to see the huge opportjnity of a multi baggzr stock with bsm...