Ann: App 3Y Change of Directors Interest - C Whitfield-HXG.AX, page-6

Iorangi, I'll talk about SYR as I don't know much about MNS, they are planning on early 2017 production however, where they are based is a conflict zone. It means there is a lot more potential for upsets to their timeline. As for supplying the entire world, supply = demand, so as supply increases prices will drop (longterm as graphite is not a commodity but prices set by off take agreements) and the more expensive producers will be forced out. HXG are dealing with a pretty easy mining proposition with their Australian base of operations (diggers and trucks), so their price of production will be low compared to a african mining concern, and without the potential for political upsets/local disputes.

Also factor in that graphite demand will grow as world battery production ramps up. So saying you can supply the entire world is a little trite considering demand is unmappable accurately beyond 5 years.

However HXG also have a strong quality of graphite, which allows them to produce Graphene easily. Graphene is vastly more expensive and niche than graphite so it is a far more attractive prop for a mining junior to get into a niche sector where they don't have to worry about competitors.

So to answer your question, there is probably some truth in the SYR and MNS threads, they will short term be able to supply the world. Although, with consideration of the conditions of the market they might not be first to market, or the market will grow. Fortunately HXG has other options other than Graphite.

Also welcome to trading Graphite stocks, and don't take my word for it in the above, do your own research