Graphite Assays 35% TGC, page-31

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seastan67

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08/09/14

08:15

Post #: 13938120
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Originally posted by seastan67 ↑

copied from the TON thread (thanks to the person who posted it), however with mention of high grade flake graphite and assays of 35% in last Ann ---- watch GRK potentially fly this week!

Financial Review Sunday transcript: September 7, 2014 Deborah Knight, Financial Review Sunday: The hype surrounding the release of a new Apple iPhone this week points again to just how much technology dominates every aspect of our lives. And behind that technology is an old commodity finding new markets - in high end components and advanced long life batteries. Graphite is the latest hero of the resources sector - and while China dominates, Australian companies are in the game, Eddy Meyer reports.

It was the black sheep of commodities. Now it’s the beating heart behind much of the technology we love. Believe it or not - Graphite is cool again. China has supplied 80 percent of the global market - but it’s reduced its supply by a third for domestic reasons. Along with traditional uses, new global demand is being driven by technology requiring higher grade - and more profitable - flake graphite. Nearly everyone wants to be in a commodity that’s going to be very strategic longer term. Vincent Pisani plays down suggestions the market is over-hyped - believing prices will stabilise.

Higher grade graphite is cheaper to produce and that will determine which new players make it to market. I don’t think it’s overplaying it a bit, the beauty is the tech boom and the need for batteries in things like cars and obviously consumer electronics has meant that graphite’s had an enormous rebirth as a mineral that’s got a commercial value and it’s a huge thing to be into right now.

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LINK TO FINANCIAL REVIEW SUNDAY
http://www.jump-in.com.au/show/financialreviewsunday/episodes/2014/episode-31/episdoe-31/#autoplay

GRK Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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Graphite Assays 35% TGC, page-31

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