Thing everyone is forgetting about graphite is that it is an "Industrial Mineral" (i.e. the value of the commodity is dependent entirely what the market is) - there is more than enough graphite in the world to meet demand for ever! - the real value is not in the size of the deposit - it just doesn't work like that - so don't expect SP's to be backed by in-ground values as would be for many other commodities (e.g. $2/t for DSO Iron Ore Resources)
The real value lies in the flake size, purity and many other properties that can only be assessed by completing specialised tests that are usually performed by end users of specific applications.
Demonstrating specific superior properties - and consistency in a mine gate concentrate are key to realising the value in a graphite project.
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