WKT Expandable Graphite - Grade is KING!, page-8

Grade is KING, IMO to begin with upon starting any research.

This is just 1 example of the complexities in understanding Graphite.

Flake Size Distribution quantities and ratios are hugely important to understand and comprehend to be able to assess the differences in order to be able to separate what rates as an excellent project.

I fully agree Flake Size is KING - BUT only if you have enough of it.
As you say SYR has mostly small/fine flakes.

That is why each Graphite deposit is unique and not the same and can not be compared loosely. It all comes down to the Grades, Market suitability, Flake Sizes, Flake size distribution, recovery and purity rates, expandable ratios, costs per ton to mine etc.

This is where the metallurgical test reports are also vitally important.

Graphite is not like Gold which everyone typically understands.

1 ton of Graphite from one deposit is going to be different to another deposit.
1 ton can be worth $500 / ton and the other could be worth $2,000 per ton

Ultimately if one company has similar flakes size distributions and quantities but 1 has a lesser grade, the high grade is likely to win due to the potential cost savings on the OPEX and more importantly for any start up mines the higher grade will have a lower CAPEX by default.

WKT is uniquely blessed with the Lindi Jumbo deposit.