General Discussion, page-1534

I am honestly surprised by the lack of commentary over the weekend, its not every day the SP increases by 26% and we all know it is very likely EGR's planning application is likely to be recommended for approval later in the week. EGR is fully funded for stage 1 and the company has already organised GR engineering to advance the long lead items for the construction of the facilities.

This will be the first PSG facility in Australia and one of a hand full of PSG production facilities in the globe that are build outside of China, next week will be a significant week for shareholders and once the Australian facility is approved EGR has already detailed they will commence the regulatory approvals for its proposed international locations.

The following 2 slides are from Talga's recent presentation, highlighting the monopoly China has on graphite supply and downstream processing.







The forecast demand in Europe is for 1.2mil tonnes pa of anode material by 2030. = this would require 60 ecograf 20ktpa production facilities.