"There is no cash component that can assist with furthering the...

"There is no cash component that can assist with furthering the other projects."

They have $2.4 mill cash and if IPO does well, which a graphite play should, then they have $8 mill plus whatever gain is made on listing, lets say 50% up on IPO

So they can sell parts of that as they wish. That part is good, because they dont need to fund the Graphite

SWP, listed at 50c
went to $250 -$3 after a few weeks.
Differnt sector but these can do very well.