Don't tell me you only need $3m. The company is burning $900k per month, it's spelt out in the forecast expenditure in the quarterly. I'll break it down for you, that's $30,000 per day or $1250 an hour. Hopefully Dr Frank is a workaholic on these rates.
When you raised $4 mill at a $200 million market cap that was a joke.
The stock is now on the treadmill and perpetually cum-raise and will remain so until a proper off-take is done. You may have well entered a draw- down facility because that's what this is akin to.
Have a look at the market response, it's telling you this.
As for the graphite stock I own it's a complete shambles that we agree on.
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