Ann: June 2023 Quarterly Activities and Cashflow Report, page-66

I guess one way to look at this one objectively is
1) what is revenue vs cash burn. If it is the stock is burning cash - how long will that last, before funding is needed?
2) is the processing circuit working well or are there issues?
3) does the narrative/thematics fit reality of what is happening - you can’t bank dreams or wishful thinking.
4) what will competitor responses be. My brief very limited understanding is that there are different sizes particle/flake of graphite. Ie it is not straightforward market = complexity=risk…

if you do not know any of these things above as a minimum - would be best to find out….