I remain critical of BSM’s growth plan. With a Stage 2 target of only 20,000 tpa, they don’t have much scope for taking on reasonably sized Offtakes in the short term. I’d really like to see plans for defining their other deposits progressed more quickly. Most Graphite plays are pursuing 100,000tpa + within 2-3 years of commencing operations. If I had the opportunity to meet management it’s something I would definitely comment on.
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