A good ANN this week or next week would be the perfect catalyst at the moment.
The sell side seems to have dried up considerably, there's been strong (and consistent) volume, it's just hit 0.017 for the first time in almost 12 months, there's a decent up-trend, and all this on the back of an (arguably) undervalued capital raise only 4ish weeks ago.
I don't think we will see 7c or 5c by the end of the year, but 2c+ is a realistic target provided there are no missteps
Ann: Graphmada Graphite mine Operational Update, page-110
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