RE:Hey MicroManagerIn my opinion the 2 major risks are 1) whether the graphite can be sold for synthetic graphite prices and 2) the costs to develop the mine as they will have to go deeper than usual and they are not located near end users of graphite so there will be additional logistic costs to deal with weather and delivery. China supplies the majority today and is able to offset the logistic costs through horrible human and environmental methods of mining and processing and storage is far cheaper there as its gov't owned and controlled today. Therefore Chinese can still continue to produce and deliver at the lowest price but they supposedly have reached supply constraints so hoping that really does drive graphite prices higher and open up the market to support new graphite supply. If ZEN graphite can be sold at synthetic prices and mined for far less then they should be able to handle the additional capex and opex requirements and this stock in my opinion at $3.25 is a bargain because at the end of the day they would be bought by either one of the OPEC of graphite or the Chinese.