Agree ... great article. The graphite project alone could probably justify the existing EV.
Interesting the cash burn in December quarter was only $400,000. Based on that our cash plus pending cash (from options) of $28.5 million could last for 71 years!
Seriously though, we now have the cash to pull out all the stops and really work these projects and add significant upside from here. Could be the beginning of a great story and if you miss it you could be kicking yourself for a long time to come.
I've been in since before consolidation and have topped up since. I tend to start with small holdings in a number of promising stocks to keep my attention and my ear to the ground so I can be prepared to act if and when the time is right.
I will hold the small holdings for a long time if I have to, until I am convinced that things are set to go, and then go in big to cash in on the early leverage. The sweet spot.
MLS Price at posting:
14.5¢ Sentiment: None Disclosure: Held
