looks like people are selling into the news. As my concern is starting to come to fruition here. Running out of cash with every bullet they fire at this project which currently no one is buying off results. Director yet to purchase on market whilst raving about the project. All his shares are from IPO at seed value so his cost base would be a lot lower than where we at. Chart looks cooked, continually making lower lows with stops being triggered. Wouldn’t surprise me if we retest those lows again.
finally graphite in general. The market for graphite is experiencing a supply v demand issue. There are hotter commodities out there atm and people are moving on from here once they fire bullet after bullet at this project, wasting cash.
still no sign of consolidation
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