The too cheaply part.
This is a consequence of not understanding the end use markets of your customers imo. Now in MNS case most posters don't seem to care what the end usage market is - the investment rationale seems to be 'the SOE is buying so it must be good and who cares what they use it for'.
This failure and utmost REFUSAL to even contemplate end usage has led to what I consider nuclear grade large flake graphites being sold for the price of spherical.
Large flakers have sold themselves short. Hugely short.
Now we must assess the implications of such stupidity.
For example - the quoted flake prices thru to 2020. Take the price of larger flakes only. To me those prices are taken as an average of all large flake sales -ie: the large flake selling into concrete markets at sub $100 per tonne and large flake in nuclear at $10000 per tonne.
If 'my theory' is correct - then you see the problem with the estimated 2020 prices? They won't be that high now coz the 'SOE I couldn't give a crap what they end use it for' investors and their boards just handed away their graphite for a steal.
Not going to be able to reflect this REALITY in those excel sheets
@ddzx.
Your 'Chinese contact'
@kingofhell doesn't know much for a guy 'in the know on the ground getting his hands dirty'. This is because one of the MNS offtakers has passed nuclear qualification on their CHINESE large flake. I know this for a FACT.
GERO.
