That's the way it is with resources until conditions are favorable.
Plenty of favorable conditions that are heading in the right direction with - increased graphite prices - SVM'S premium size graphite and articles like you posted earlier in the week re 3 China graphite processing factories - what for? Simple - for future increased demand which in turn does what to graphite demand and subsequently prices.
Takes TIME. In this modern impatience world where we want everything and want it now. Technology and media like this forum makes us impatient and self appointed experts on everything. New way of trading the world stock market casino instead of traditional research - invest - be patient and remind yourself why you invested in the first place. People want half a cent - good luck to them but I'm long long long on this. In 5 years SVM could have 3 operating mines and up to 200 000 tonnes of product per year.
They don't need to - as stated - go down the path of expensive processing for battery grade graphite when they can supply traditional refractories and the future mooted refining factories like those 3 spoken of in China. They will be able to mine many future sapprolite hosted deposits and self fund hard rock deposit at Duwi. Then again they could hit the wall but I favor the former for reasons we have discussed.
Vehicle manufacturers are spending billions - going backwards - why? Because TIME will prevail that their investment now will ensure high profits in the future. It's vision and wisdom that create wealth. In which SVM have been outstanding in rapid progress - transparency and controlling everything they can. The rest will ensue - "IN TIME" this will be a beauty.
I am not offering advice to anyone's investment decision - do your own research - make your own decisions.
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