EGR 5.88% 18.0¢ ecograf limited

KNL and the battery market

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    Hi All, was just wondering what peoples thoughts are on whether the recent announcement by another G company leaves KNL in a much stronger position to secure further off takes in the battery market.

    Today we have this other G company looking into viability of moving into Battery manufacturing with an MOU with Townsville City Council to evaluate it.

    However my thinking is that now they are looking at being battery manufacturers themselves then possibly they may be out of the running to secure any substantial off takes in the battery space, like why would a competitor support them by buying their graphite.

    So enter KNL with our model of supplying through current trading houses (Sojitz) and not being a competitor in the battery manufacturing stakes, like who really wants to compete against the likes of Panasonic etc. So are we now in a better position to further expand into this market by either increasing our off take with Sojitz or perhaps with other industry trading houses.

    Perhaps it makes no difference, the other G company didn't seem to be having much success with their model anyway. So is the KNL model the way to go, after all, we already have one off take in this space?

    Anyone have any thoughts on the differing approach that KNL is adopting

    Thanks
 
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