Welcome back. I'm considering topping up my holding at these prices too. The only thorn for me here is the IRA's new FEOC rules seem to disproportionately benefit AAM producers, not so much the graphite miners as AAM is what's in short supply, not the raw mineral. Since BKT has no AAM aspirations, there won't be any wave of investment from OEM's, only the AAM middle men like Posco. (who else is there? what happened to Urbix?) Also the elephant in the room is any other mine only graphite play ex-China is completely tied to Syrah filling its nameplate capacity first, why would any AAM producers take a risk with an unbuilt mine when the is the biggest mine is the world built and ready to roar? The best advantage Black Rock have is its mix. Quite a substantial about of jumbo flake with its higher price gives it the advantage to get it built and improve financials in times of battery luls.
BKT Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
