Ann: Ancuabe Permitting Update, page-55

You really don't understand the graphite market, the big demand for graphite is coming from battery storage and car batteries. Those producers want cheap flake graphite not 3 times expensive boutique graphite, where there is limited demand. In essence they want syr graphite and lots if it at a lower price, the more syr mines. One day syr will mine and process 1m tonnes, and the economy of scale is going to be significant and stuff up boutique mines like ton has.

Have a look at the muted response to yesterday's announcement, king lou was calling a minimum doubling of the share price. What a joke