Ann: Court Rejects Appeals Against Vittangi Mine, page-200

I think today's price is more related the wider market graphite sentiment/pricing issues which are impacting all stocks. Maybe they were all overvalued (some certainly were, more than others). But the fact that they're all significantly down kinda shows its not entirely related to the merits of the individual stock. If anything the merits of TLG might be why it isn't already below $1. If TLG hadn't done much this year then I would have agreed with your <$1 sentiment.

But if your $1 prediction was based on TLG's delays and lack of progress, I'd say you became correct from a fortunate stroke of serendipity. Because so many milestones were reached this year and TLG's stage of progress has never been better. The price has been a lot higher while the company had a lot less, which sure seemed like good reason to expect a steady SP at the very least.