GREY:GLKIF - Post by User
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TysonHunteron Feb 03, 2016 7:53pm
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Post# 24522272
RE:What To Expect Out Of Graphite Juniors In 2016 ?
RE:What To Expect Out Of Graphite Juniors In 2016 ?DoctorFouad wrote: Great Lakes: Great Lakes has taken a different path from the rest of the pack--it has decided not to develop its mine and is instead buying graphite and processing it. Given the oversupply situation this is a sensible move. The company is only performing one of the processing steps--micronization--sometimes utilized in producing spherical graphite, but micronized graphite is a salable product itself that is used in "boring" yet reliable businesses such as paints and lubricants. If they can get to cash-flow they can internally finance the more complex research required to produce spherical graphite. This is long-term, tactical thinking with near-term benefits and relatively low cost, and
it's the only story we're betting on right now. This is why I am here. The business is feasible and relistic.