Look at Focus Graphite next door. They have a defined resource and haven't gone above 0.025 for some time.
They've completed drilling, have had the feasibility study completed and so you have to ask where on earth some of the posted on here get their ideas of re-rate or 10 bags is just a joke given the number of shares that were issued out of the blue just before the massively delayed drilling scheduled for winter began in Spring. Wondering if the planned phase 3 summer drilling will be in Winter ?
Like i said i'd be happy with a shift up to 1cent a share. But really i think market sentiment for the resource that is graphite isn't there and so i ask why not ? Marketing, or just the perception of graphite as a resource ?
I do believe this company is going to delist in the next 3 months. I'm not saying this because i want to drive the price down, it's already on the floor and has nowehere to go !!!
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