I'm holding just a little bit of stock but watching developments with a view to a larger position. A world class deposit in a strategic mineral that's currently under almost everyone's radar sounds like a good buy to me. Graphite may not excite the general public the same way as lithium at present, but seems to have the interest of industry participants. A cheap and easy path to production, its hard to see how they could go wrong if the demand is there.
Need to register to read this (free trial available) but worthwhile as it seems to be the best source of graphite market information online - unless anyone has any other links?
http://www.indmin.com/Article/2363656/Channel/19523/Li-ion-graphite-woefully-short.html
Double world's flake graphite needed to satisfy forecast lithium-ion demand
With virtually all the focus on lithium carbonate availability to the potential lithium ion electric and hybrid vehicle market, warnings came from the graphite industry that supply of flake graphite is not sufficient at present to satisfy a projected demand increase from this growing market.
Graphite is the second largest input material into a Li-ion battery by volume and should the growth in the industry continue as forecast, it is estimated that double today's world production will be needed...
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