Its also very important for WKT shareholders to also understand that the battery market is not our playground with our World Class resource.
25% of our product is suited for the battery market, which is the lower basket prices.
The remaining 75% of our product is suited for the expandable market with much high basket prices.
The battery market and expandable market are 2 separate markets.
The 15% of our product ( 500um ) has the potential to increase our profit margins by a whopping 50% over and above our profitability for the entire product range if the forecasts come to fruition in 2020/2021.
Its is one of the things I have banged on about on my twitter account that Graphite is forgotten about which is just LUDICRUS when its the No1 Key component to the EV battery.
Challenge I put to everyone is ask people around you if they think Graphite is even in a battery. AA AAA C etc and ask them about an EV battery.
They don't believe it until they google it.
Then they have the WTF moment when they understand 60kg of Graphite goes into an EV Battery.
Good opportunity to make a friendly bet with someone for a carton - hehe.