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Re: Consiglieri post# 11

Friday, 01/09/2015 11:35:18 AM

Friday, January 09, 2015 11:35:18 AM

Post# of 19
Uley 2 is Phase 2. High grade graphite site with projected capex of 30M+. Phase 1 of operation should be in operation now and with revenue from this site should make it very feasible for capex of 30M+ over 3 years to be approved, obtained and implemented.

Increase in graphite and graphite flake production of high quality should propel this company forward. As Australia's only graphite producer (which IMO the Australia government will be very supportive of), the world wide demand for graphite increasing (particularly high quality graphite and graphite flake) and Valence development of graphite speciality products for growing world wide industrial, electronics, batteries / solar and automotive applications, I am very excited about this company. They also already have a customer base established and look to increase their volume of business thru them and also add new customers to their business.

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