So if you are sitting there thinking ...hmmm which graphite...

So if you are sitting there thinking ...hmmm which graphite stock to invest in... consider this

1. Commonwealth Bank of Australia (Colonial First State Asset Management (Australia) Limited) sitting minding their own business on the 21st of June 2018..already  number 2 on our Top 20 holders, in itself unusual for a small cap.
2. 22 June 2018 they get an opportunity to participate in a CR at 14c. A minor discount to the SP on the day. They do their extensive due diligence above and beyond the Due diligence they have already done to have t accumulated the 8.11% of KNL they already hold.
3. Due diligence done they march to their Head of Investment present a proposal to acquire a further....thats further 10, 714,286  shares....
4. To put that into perspective,if you held no shares in KNL and purchased  10.7m shares that is enough  to become the 3rd largest KNL shareholder. So CBA as second largest holder buys a "3rd largest holder" size chunk of KNL. Think they aren't serious?
5. To do so they hand over 1.5m.

Now stop for one second and think of what we are waiting on right now...(from unicrumba ...cheers )

* Tanz Gov Green Light
* Progress update from Demo Plant in Germany and suitability of EcoGraf to process 3rd party G
* Offtake announcement for the remaining 14ktpa of initial output
* Announcement of German Gov & Industry support for expansion of Demo Plant to produce 3,000tpa

Do you think they would have done some hard core DD on these 4 little things, especially the 1st?
Do you think the Head of Investments didn't ask to see that DD before parking 1.5m on KNL?

A  NPV of Epanko  Project (they have others) and EcoGraph together of US$356m that AUD$482.5m
And we have a market cap of what ....34.5m '

Still wondering where to invest in the Electric future?

564xxl
Staying put ...LT...thanks CBA