"There is no way Graphite will drop below $650, as world demand can only increase for this commodity"
Are you sure? Demand is increasing at a few percent per year, but global resources are exploding exponentially. At least the GMP analyst was correct to touch on that point, hence how absolutely critical off-takes are for this sector. What would also seem critical is the ability of the off-taker to fulfill their end of the bargain. And in light of absence of such details and detailed legal consequences in the news, then some can't help but look broader and be skeptical.
"There is no way Graphite will drop below $650, as world demand...
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