Hi, BSM specializes in the production of large flakes graphite and to the best of my knowledge there are no short term - medium term new comeptitors entering this field. Large Flakes Graphite prices are improving and hence profit margins will improve too, and the expansion to 20.000tpa+ will ensure highly profitable business. The lithium at this point is a plus and in early exploration stage. A rare oppotunity on ASX of graphite production + lithium exploration high potential.