Previous quarterly report to 31st December mentions "off take...

Previous quarterly report to 31st December mentions "off take discussions with potential processing partners and end users in North America, Europe and Asia progressing".
1st December- "99.6% TGC graphite product without chemical purification" announcement.
So that's 4 and 5 months respectively since, and yet still no progress.

Now it's all good and well to rah rah rah, and mention that because Frank is topping up his super fund each week, then this is a sure thing, and even though we all know, the Chinese off takes and potential funding are dead and buried, as there seems to be no mention here whatsoever of them, nor of any ongoing discussions with end users in North America that seem to be going on forever. And even though the BFS projects some pretty impressive numbers, those numbers are meaningless unless binding off takes are secured at those prices, and with no offtakes to mention, and the largest offtakes to date in the graphite space hovering somewhere around the 20-30ktpa (correct me if I'm wrong), and a projected annual output in the vicinity of 250ktpa, are people not becoming a little nervous? Am I missing something here? Especially with a market cap of $200 million or thereabouts and as yet, nothing realistically to show for it