Graphite Conference., page-4

The BSM story is looking good, Wms.

The words that came from Peter Wright's mouth that resonated like music to my ears were:-

1. "... hit profit in December... quite a milestone for us to be a self-sustaining company"

2. "We recently tabled a channel intersection [based on a surface signature of lithium] of 30m at 3.7% which is unheard of..." for which they are currently investigating further.

3. "Large, jumbo and super-jumbo" are the graphite flake sizes applicable to BSM.

The above snippets suggest there could be lots of legs to the upside coming starting next month. The traders and investors will return sooner or later to get on the bandwagon again.

IMO the shareprice took an unnecessary pounding for a myriad reasons, but the fundamentals are still good. It's like starting over again from square one for some of us holders. Topping up or re-entering over the last few months thinking that we had reached the bottom on several occasions, has come at a hefty cost.

"Why so cheap?" Just oversold by impatient holders, is my guess. Great entry point for new blood (if this is indeed the bottom). Who knows? Feels like it, smells like it, looks like it... even sounds like it. Don't take my word for it, though... my senses are obviously not that reliable... in fact, they are as good as shot!