The tide is out...., page-24

Handy
A year ago things were different
Plenty of excitement in lithium
Had rubbed of on Graphite
What has happened since is commody prices have fallen.
That in itself hasnt caused all the carnage.

Now in production costs are becoming clearer.
A big cost most missed was trucking to port.
$110 per DMT
Ramp up is slower and the premium quality
of the product hasnt recieved a premium price.

Things can change and costs can come down.
Price can rise if customers find the graphite
is a premium product.
Demand can rise quickly as well

Cheers