Hi NL, I read it as predicting a shortage within the next 3 years and only for large flake as various Industries, current and emerging, are predicted to increase demand, but only for large flake. If all the forecasts are wrong then we're all screwed, but I have no reason to doubt the increase of demand, the HUGE money spent on research is real, the monthly, even weekly advances on perfecting the use of graphite in various industries is real and I would say the chance of a few of those industries making it into mass production within the next 2-3 years is very real, on top of that all the current users will most likely increase the demand also, the downtrend in the resource sector can't last forever, millions of new boys and girls worldwide every year and they will all need something that's made out of Graphite.