Ann: Balama Update, page-61

Disinformation with an informed twist. First, two major investment companies have valued Syrah in the $6.0 range but Faund found a lower price like 1$. Second, Syrah is shipping product to BTR China that is being processed as Spherical. Third, Spherical will be priced in the $2000+ range. Fourth, PE ratios are built on current earnings and growth. Graphite will be in short supply in 2019 with all the mega watt factories coming on line. That drives a higher PE ratio potential and PE ratio are a multiplier to stock price.
For example; Iron ore is a very basic commodity, however, in about 2006 with China demand exploding, this very available commodity boomed in price. Look at Glencore and BHT stock history. History does repeat.