@spid81In response to this "Very interesting that they only...

@spid81
In response to this "Very interesting that they only signed a 3-year offtake agreement with WKT, I wonder if this is because their own graphite mine will be fully permitted by then."

There were people locking themselves into loans at 6 - 7% for 5-year terms at one point, it was not a wise move because interest rates have gone much much lower now, some even at 2.69%.WKT management has the same mentality and predicts that the price of expandables will go up over time-based on-demand and evolving technologies that will require more expandable graphite.

It would be unwise for management to lock in a contract for a longer-term if they can get more for their graphite in a segment of the market whose demand we still have not fully realised...