I dont think that the price should go much lower. We sold 1/2 our graphite project for $3.5 mill. We still have a graphite project that we could sell for $3.5 mill. We have the $1.5 mill recently invested and a share in Fura which is worth say $3 mill that adds up to $11.5 mill take away $5 mill if Arena's claim is completely successful and you are left with $6.5 mill in a company which has a current market capitalsation of $7.9 mill
So if everything goes bad the company walks away with money in pocket.
If everything goes well Graphite project a winner and ruby mine a winner the price of our shares will go up
There doesnt seem much downside and plenty of up.
Now people are saying where will NXE get the $10 mill to start mining graphite but now that we hold 40% of that project surely our share of that cost is a more manageable $4 mill.
Could be a good time to get back on board of course you can wait till it hits 1 cent.