One way for this co to stop the slide is maybe to change their strategy about HOW to make $$ out of this graphite. Instead of just mining ; primary processing and shipping out the tons in big bags it maybe rather profitable if the company was clear on the market sectors it should aim at . A series of grades ranging from conductive graphite for e.g. additives in cement ( somewhat larger tons - but certainly not 000's of tons ) ; coatings and the top $$$ stuff - the big applications like sensors ; antennas ; semi - conductors . This requires sophisticated characterisation of the graphite at nano scale AND then the sophisticated processing - here in Australia - which means investment in strategic, complex equipment to capture the top $$$.. which means quite a lot of R&D on - shore .Then trialing the applications with some strategic alliances in the USA in particular . All up about 2 years should do the trick if the management in this show know what they are about . Primary processing will not open the pandoras box. If they want to know more then they could let me know .
VXL Price at posting:
37.0¢ Sentiment: None Disclosure: Not Held