Focus Graphite CEO Gary Economo – Graphite: What iPhones, NASCAR and Tesla Have in Common

In a recent interview with Streetwise Reports Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) CEO and Director Gary Economo said the tipping point is coming for natural flake mining developers, even during a depressed commodities cycle.
As quoted from the interview:

Focus has positioned itself perfectly as a future niche supplier of technology graphite. A high purity deposit affords us the advantages of being able to project very competitive operating costs with the potential to further mitigate our manufacturing costs for value-added, highly refined technology graphite.
Focus sees itself as a stable, reliable supply source of high-purity carbon graphite to the transportation sector. Toward that end in 2015, Focus entered into two long-term supply contracts with Grafoid Inc. for potentially up to nearly 50% of Lac Knife’s future production.
The first supply contract is specific to carbon polymers while the second clean energy-related supply contract is specific to the needs of developers of next generation lithium-ion batteries.
Our corporate vision, from the outset—primarily because of the high-purity of our Lac Knife graphite resource—was to avoid the aphorism of becoming hewers of wood and drawers of water. We saw the value-added potential under our feet and made our decision to look to those future technology markets with the greatest potential for long-term, sustainable growth.
The graphite market itself, for decades, has operated below the radar of the big board market players. Time changes everything. Environmental sustainability and clean technologies have become the hashtag of corporate social responsibility. The market focus has shifted to those material suppliers capable of producing and operating in lockstep with the needs of the automotive and energy sectors, to name but two.
On that basis, my sense is that we’ve reached the tipping point—the point where markets see the value of investing in an organization poised to benefit from its support of those major industrial players in adapting to the global environmental reality.
To shareholders I would say, thank you for having put your faith in us, the tipping point is coming. It has taken longer than we all thought but the fundamental reasons you invested in Focus to begin with are still the same.
To potential investors I’d say, the time is right to invest. Valuations in the sector are low, and Focus is moving forward with its plans and has put together a derisked corporate development strategy and hedged itself by investing in tomorrow’s green economy—it’s the largest shareholder in Grafoid Inc., with a $US39 million equity position.

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