Hi , Agree here about 3 factors.
one thing surprising is that companies are not looking to move towards Graphite Anode production required for Li-Ion Batteries (electic batteries in general).
Only dark horse investment i see is that Graphite India invested in a US company thats commercializing large volume , high quality Graphene production. Graphene is considered next big material - if someone can master commercial / large scale production , this can revolutionize many industries. .
- In general, HEG/GI sitting with cash in books and not investing to vertical integration or otherwise is worrying…
Disc- Invested in GI in recent fall