Was reading in Focus's Feasibility Study from the summer that they anticipated revenue of approx $3000/tonne of +50 mesh 92-97% concentrate that could be further processed/refined to 99.9+% Cg. Anyone know what the cost of the further refining was and what their loss was in going from flake to coated spherical graphite.

To me the it appears that their are a number of flake producers that can get their +50 mesh large flake to 99.9+%Cg but the issue is cost, loss % and nature of the process to do so. For ZEN graphite the issue is how much of a cost/process advantage do we have in the coated sperical LIB market and how big an advantage do we have in that our our sub 50 mesh also processes to 99.9+% Cg . Most of what I've read points out that it is very expensive for sub-50 mesh flake to do this and not possible at all for others. The second alone may be a major difference in our economics.

Looking forward to seeing the resports that baseline our product specs and market values on 'paper'.

.... Been There