GREY:GLKIF - Post by User
Post by
AliMcKenzieon May 17, 2016 12:44pm
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Post# 24881478
How much will they sell?
How much will they sell?
There's a note in Alabama Graphite's PEA which pegs the world market for micronized graphite at 25,000 tonnes.
I doubt if North America accounts for more than 10% of that, so it would seem that the GLK micronization facility will never reach anywhere close to the 10,000 tpy figure that hasbeen bandied around.
Have they sold anything since they announced the first sale of 40 tonnes, which was so grossly over-publicised with a trading halt?
Has management totally screwed up here? Have they completely misjudged the market and opened up a facility that will never produce at more than a tiny fraction of its nameplate capacity?
We'll find out soon