Obviously initial sales will be at lower levels as customers take and process small amounts. However, normal graphite prices have been rising steadily and iron ore market strong. Once Spherical plant is open unit pricing will be very good and fixed costs remain low and a smaller percentage of total sales. Good news is that while production is delayed, the market for graphite is getting tighter due to Chinese environmental and depletion of high quality deposits. A major trigger will be the need for EV battery makers to STOCKPILE as the Chinese did with iron ore about 8 years ago. This will be ahead of EV production and could come soon. Major risk is Takeover!
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