Lamb93, thank you for your considerations, points 2 and 3 make sense. It is a sensible strategy if the opex doesn't meet current graphite prices.
Only point 1 is nonsense:
Madagascar's population is over 25 million and at its peak had less than 10 deaths/day due to COVID (WHO stats). For the past two months that has been near zero. Tirupati Graphite, also based in Madagascar and LSE listed, has been producing uninterruptedly.
We investors should not allow management to hide behind the tragedy of this pandemic while collecting their fat-checks as if it is all business as usual.
Lamb93, thank you for your considerations, points 2 and 3 make...
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