http://www.indmin.com/Graphite/Article/3238613/Spherical-graphite-how-is-it-made.html

Look at their piramid where volume and value are changing in opposite direction. For their best value, they lose a big portion of their volume and spend lots of money getting there. We get there with our volume intact and we do not have to spend much at all. This is why ZEN is worth so much in my mind on a per ton basis. Now our deposit looks like 100M is a given and this will have explosive growth when the market gets it!

Do not be fooled by the market churning here, this is only a way for the big boys to accumulate.

Glorieux