Ann: Changes to Archer Share Purchase Plan Terms and Conditions, page-8

All due respect bob2190, you could accept more, but that's just more diluting at a low price. Management have always done the minimum CR's ..... Really doing the right thing by shareholders until they can sign off on deals and hopefully a much higher share price... Then when more money is required they can raise at 50 cents rather than 7.5 cent and less dilution. I have a feeling they may have a partner come on board to help build the mine... But just my feeling and could be wrong. If mag deal comes off... which I think is what there hoping for then it's quick money using others kilns rather than forking out money to build these and this part of their projects should be highly profitable. It will cost around 33 million to build the graphite mine and infrustrure and the mag business could go along way to help paying this off.... In fact the last report I read had a payback of less than 3 years for the graphite mine and NPV of 125 million on the graphite mine alone and that was before the graphene vertical. So it's not hard to see the robustness of these operations.
Oh ..... And then you have the copper and cobalt coming along now... If the cobalt and copper keep showing better and better results then the current share price and market capital is completely rediculous.
I've held this stock for years for the graphite and mag as the market especially for battery grade graphite is building quickly now and graphene products are already starting to enter the market, electric cars really need to improve their charge rates ... The mileage has already improved... But if the charge rate can come down and this is where I believe graphene will help. Then the popularity of electric propulsion will explode because this is one of the things holding them back apart from cost which is also falling. Not just cars either... I've seen a number of planes and helicopters etc in the works also. Fossil fuels will be history one day like horse and cart and lithium ion batteries will be also be replaced in time, but for the next 10 + years lithium ion batteries demand will be extremely high.

Anyway this company has multiple irons in the fire and now they have a graphite/graphene expert as CEO that will " hit the ground running" expect a lot more news flow from here on in.

To all the newcomers to this stock I'd suggest go through and do proper research on this company and compare to other stocks and it will become obvious why I believe it's way undervalued.

My two cents worth ..... Can be very frustrating being a long term holder in any stock and research and patience can be hard to master, but I've done well but everybody's strategy and style is different.

Here's to a fantastic 2018 .... Not that far away now..

Tonza