The hardest part is always getting finance for a mine to get it up and running. I believe in the management they've ticked boxes and this is the final hurdle. I believe the mining license will be here by Christmas, ashame we missed getting finance to start production end of 2019 but hey hoe.
The recent CR is dragging but again getting money out of china is really tricky and we should be glad of this last announcement, The other option would be wait until the market comes but what if we sit on the graphite then dont get any finance at all....At least PC is working on it although these things take time and we all want the money now believe in what you have invested in ignore the day to day SP antics. Once we get the finance for $99 million at least our mkt cap has to be twice he price of what it is now and at least we can now learn from our neighbours mistakes that have been made. Ashame we couldn't have done anything AMG GK to expand their mine and potentially ship the ore to there. This is a hold for the next 3-6 months but im believer in what will happen when more graphite mines get shut demand increases, electric cars are being pushed and im sure the saudis and russians need to start thinking about what happens when oil isnt needed much more. Anyway i dont think the CR will be pushed back again now the money will be there from China and we can put this behind us in the run up to Christmas.
