The new board members come with lots of capital raising experience. I hope they are able to put existing shareholders at the forefront while attempting to raise capital... I don't think any of the exisiting SH want to be diluted significantly or be raising money are ridiculous valuations. It will definitely be nice from the new BoD to try get atleast a $20mil valuation on the next raise.
By all means those options are still on the table to be converted at 7.5c.
Ann: Graphite and Anode Forum Presentation, page-5
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