“whileit's frustrating, until news is released, nothing has changed and assumedprogress is being made”
“Spinksis a smart person who was forced to take a risk and pivot away from epanko andinto processing”.
Im not having personal dig un4givn, however;
A move away from Epanko at this stage suggests something will/haschanged. It would suggest that EGR will be sourcing their graphite from a thirdparty which will undoubtedly have an effect on EGR’s opex/capital expenditure and thus profit margins.The question is whether this is for the better or worse?
In my opinion, and as mentioned numerous times, I believe thesupply from Epanko to Kwinana (especially considering current shipping andfreight costs ect) is not viable. I have a suspicion that Spinks alreadyunderstands this and that in the case that Epanko graphite were to be used as afeedstock for the Kwinana pilot plant, it would be proven beyond any doubt.
GLTAH
EGR Price at posting:
62.5¢ Sentiment: Hold Disclosure: Not Held
