I.C. having read your post, lets say that you are right and the sale price per ton is $14K. We have what I believe is 1.4 million tons. If the cost of synthetic is about $19K there is an immediate savings of $5K/t. That is quite a handsome savings. Now dependant on who is paying for processing of say $1.5K/t the savings is still substantial to a buyer ie. $3.5K/t. If it falls to the sellers side then the graphite canstill be sold for $12.5K/t. The value using these numbers of a fair share price could be in a range of $30 to $35 per share using 10% of insitu tonnage. Like has been said, we should quit using this $20/share that is persistantly talked about or we may sell out below what could be achieved. Time, in the end, will tell the tale of course. We await a trading halt to see some very important numbers. All just quick math and my humble opinion. the deputy