RE:RE:How to Vet Graphite Investments: Stephen Riddledainen12
TMR: What do you think of the offtake deal Focus Graphite signed?
SR: My questions—and these are questions investors should ask—are: Is there a minimum price in the agreement? Is it a take-or-pay agreement? How, or can, the buyer get out of the agreement? Does the agreement cover all grades, not just those the buyer prefers?
TMR: Is 40K tons a lot?
SR: For the next two years, the market outside of China doesn't need additional capacity in excess of 40K tons. If this is the only mine that gets underway, that amount should fit in well.
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