Offtakes for less than 3 years and no finance. Graphite market at a low and just starting to pick up. Great opportunity to buy BAT stock low and push the price down.
Meanwhile the market demand is picking up nicely now:
- steel market demand for graphite picking up
https://www.steelmint.com/news/will...-in-2018-to-meet-the-increasing-demand-110669
- chinese and other battery gigafactories underway
https://www.greentechmedia.com/arti...-megafactories-for-battery-storage#gs.1RfocVU
https://www.ft.com/content/6664e8c4-26db-11e8-b27e-cc62a39d57a0
http://www.jeccomposites.com/knowle...-whole-car-supply-chain-electric-vehicles-are
BAT will turn around very quickly as soon as the market sees the off take deals and hence finance are there for longer term and for the stage 2 production levels.
just the way I see it, good things take time .... but maybe not much more time.
