Hi bleugh,I was perhaps a little hasty in saying sp rise not...

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