was produced quite some time ago now, and there’s not been comms...

was produced quite some time ago now, and there’s not been comms on progress in the interim (if any), or timelines for how they’ll deploy the cash they’ve just raised (although, it has been communicated previously that they already had the drill program ready to commence).

on screen we see Taylor collison has supported fairly strongly (basically all the buys have been them on day one) and a lot of retail selling (commsec and AIEL) as you would expect after the long suspension and people desperate to get some cash back. I imagine given the people involved here that once you get rid of that overhang this must move up to a more comparable valuation to other graphite plays in the area (multiples higher), which will explain the support and ability to raise for this. Company isn’t doing itself any favours by staying quiet for now, but I’m sure it’ll come soon enough. Happy to hold mine and watch it play out, even tempted to add at below raise prices here.