Hi bleugh,
I was perhaps a little hasty in saying sp rise not related to Ulley upgrade, I apologise.
Perhaps the upgrade puts us even closer to production.
Looking at the rough resource figures at $US 1000/tonne flake graphite we have a resource with a market value of $US 13.5 Billion.
I cannot see the graphite price pulling back as demand from the energy generators on the rise.
But what are the extraction costs I wonder?
Production facilities in place with some upgrade req'd.
Calcs done from consultants estimates of in place volumes and grades.
DYOR...mine may be flawed!!
Regards
Pixby
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