I think the product certification is an absolutely critical issue, and I'd really like to see the graphite developers that have completed this step (like TLG and BKT) to be given more credit by investors. Unfortunately, many are easily impressed and are jumping aboard minor players that are at the very start of this process, and often announce with a big fanfare that they've sent a couple of hundred kilos of graphite to a potential customer for analysis. By the time those minor players have completed those key certification stages in 3-5 years time, the graphite deficit will be already well established, and they will be rushing to catch up. I'm not wanting to spruik BKT, so the slide below is just shown here in relation to this discussion to re-affirm where both TLG and BKT are in the steps towards full production. TLG is still my pick of the two, because it has the vertically integrated production chain.
All IMHO, DYOR
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