Im staggered by your argument KL. On one hand you say theres...

Im staggered by your argument KL. On one hand you say theres lots of graphite out there, which there is, and then on to say ton is well placed to reduce the surplus (don't know how, more like add to graphite surplus), and that the price of graphite will go up, all because of ton. Wow

Obviously you didn't listen well at business 101 class. But economic theory works out like this.

If there is an abundant amount of supply of graphite, compared to graphite demand, then market forces will force the price of graphite down, as people that product graphite will need to sell it, to get income. If theres more sellers than buyers, then the sellers need to met the buyers, who no doubt will ask for a lower price. The suppliers with the lowest cost are the ones to survive, those with higher costs than the graphite price will close production, until equilibrium is achieved.

Ton has two really big offtakes, which are worth 200,000 tonnes a year. In a graphite market of just over 1,000,000 tonnes. That's 20% extra supply coming on stream. MNS has another 200,000 tonnes of offtakes, that's an extra 20% of current demand. The supply from the two companies in coming in three years. Demand will have to grow by 40% in the next three years to accommodate the new supply from these companies. Otherwise this extra supply will have to force existing suppliers out of the market. How will that be achieved KL. One way and that's reducing the price of graphite till there is equilibrium again. And im only talking about Ton and MNS. Then you need to throw in SYR, other Australian companies with offtakes, and all the Canadian offtake companies. The price crunch is certainty coming