Ann: Tanzanian Update on Nachu Graphite Project, page-114

Anf this is how much cash they had at the end of last year:

Cash and cash equivalents at end of period $5,347 5,347

Forecast spend was $1.2 million for Q1

They raised $5 million on top which we know has been spent on the equipment and C4V.

So how do you figure they only have a similar amount to that other company. Basic maths.

Do you agree your statement below is wrong?
If that’s the case you probably have just as little as the other graphite stock you speak of.