Good for egr, they are almost half of their all time high after...

Good for egr, they are almost half of their all time high after 5 bagging in the last week.

Just shows you how quickly things can go up.
Imo the rise is not consistent with current sentiment, In the battery mineral and graphite space (ie during covid and the battery mineral frenzy, this would have been more normal where juniors were pumping xxx when they made the slightest progress). Right now, no other significant movement in natural graphite stocks is taking place as far as I can see, end of the day, a company needs to sell its product, and if the prices are low (compared to the past) profits will be marginal. Maybe there was an off take for a very generous price, who knows. Regardless, as someone with some experience it seems fishy, but the bottom line is, if egr is making good deals, then it shows demand for the product which is great, and hopefully puts a floor down for other companies making the same product.
I'm still waiting for a massive dump or cr or some other shenanigans, but if not, I will be genuinely surprised. When the tide rises