IM Graphite Conference | December 2015, page-33

Hi Tylemahos,

"Is it plausible that these plants could produce high end battery grade carbon black?" - don't have any specific knowledge re this, but if 20ktpa plants can be built for only $10mil and it turns out there is some merit in your theory then that would be something to watch...

As for "Fat lady appears to be singing" well there have been lots of up and downs over the past 4 years and it's quite a long time of anticipation for the sector to take off and unfortunately the anticipated increase in graphite demand and the actual increase of the same are off the mark by 3-4 years, add to it the 3-6 years it takes from discovery to actually shipping the end product, add to it the insane forecasts by some companies of producing 300-400tpa!!!, add to it "Hell even Axe recently found out it doesnt even have graphite after looking at the sample for 3 years!!" - I don't follow AXE - is your comment for real??

But now it's definitively a case of "Always darkest before the dawn", however picks the best value wannabee that has a realistic chance of selling their planned yearly product in 2017 WILL make some very good ROI.