I do not believe this has been posted??Certainly been a hard...

I do not believe this has been posted??
Certainly been a hard hold this year.

From speaking with Chris at the AGM (earlier this year), he was hopeful that commitments for most of the "new" facilities' capacity would happen by year end. This looks unlikely now and the recent updates seem to have put water on those flames of expectation. So clearly it has been harder to get the commitments that had been hoped - at this time. Chinese anode is so cheap, the Presidential election might be in the back of suppliers minds and OEM's have pulled back a little on expansion plans. The above still gives a window to the future in the good old USA.

On a positive side a cap raise seems unlikely, we should get "ramp up" news at Blue this year(slow,YES but real). The Cathode process is looking prospective with patent approvals in Japan etc. Blue has shown that we only need half the space that was originally thought for output. The margin at Blue
seems reasonable and at the new site , scale will bring efficiencies(this has also been confirmed).

Just have to hook that fish now.
Calcutta