Lincoln Minerals Ltd (ASX:LML) has updated the market on its prefeasibility activity for the Kookaburra Graphite Project (KGP) in South Australia, announcing a ‘staged development strategy’ which seeks to circumvent the challenges of a low price for the commodity with a focus on the project’s potential for low start-up and operating costs. The price of natural graphite has been under pressure since late last year, as a result of oversupply – particularly of synthetics – and slow trade flows. However, Lincoln is convinced that KGP could still leverage its unique features to deliver an economica…