capraise - you seem to conveniently ignore or perhaps you don't know that the graphite of Ancuabe is a key differentiator in terms of large flake and high purity to the graphite of Syrah. Nicanda Hill and Balama North are similar in size and grade to that of Syrah but we do have the advantage of one of the worlds biggest quantities of Vanadium.
The demand for expandable graphite from Ancuabe will become huge especially in fire retardant applications and that is why the Chinese are keen to do business.
Changing of the guard, page-5
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