This is a sticky situation, we are half way through the quarter...

This is a sticky situation, we are half way through the quarter and still no word from the company on the dreadful cash position which is probably less than $400,000 based on the budget and starting cash balance.

I feel for shareholders but it's hard to see this improving from here. It looks like Volt is going back under 3 cents and I reckon that bid at 2.7 cents will disappear faster than a jelly donut at a weight watchers conference.

What price for a CR now, 2.5 cents? Less? Have a look at how the other graphite stocks are trading and think about how hard it will be to raise capital. I think the 'dam wall' is about to burst here and we could see 2 cents in the next month or two.