I appreciate your comments and insight Capraise as you bring the correct detailed questions to the park.
I also agree with you re prices and build costs regarding overruns and price changes.
I do however feel that graphite and more specifically Triton's graphite is the correct sector and quality going forward aiming at a growth market. Thus if management can bring these projects online to somewhere near estimates then demand price pressure and lack of other suppliers will help to negate any errors or cost oversights.
In other words 'You pay your money and you take your chances'.
I am always concerned with Chinese off takes, build contractors and customers and thus your comments are very welcome littleblackduck. MCC, Chinese banks and institutional investors will soon need to put their money (85% of Capex) where their mouth is. Lets hope they are not stringing another company along like the ones you mentioned.
TON Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
