I personally think this stock isn’t going anywhere for at least the foreseeable future until graphite demand really takes off. MLS needs to time their exploration to prove up their graphite resource just as the market heats up instead of blowing their load too early imo. Hopefully until that time they can earn interest to cover some of the corporate costs. Offtake agreement somewhere along the line would be helpful.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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