Correct - stark reality I guess. Bit like the reality for other recent producers - Flinders, StratMin and our own VXL - all couldn't survive on bugger all sales in a depressed market
The sum total of their "orders" to date I think they said was 340 tons - roughly US$1.2 mil.
It will be interesting to see when the next to become producer, SYR, commences production next year if all those marketing OTA's will be taken up in full, and at what price. Hopefully the demand/price predictions turn out to be correct.
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Great Lakes Graphite Announces Additional Purchase Orders, page-6
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