ric, 10x, you guys are talking nickels & dimes compared to the...

ric, 10x, you guys are talking nickels & dimes compared to the ask in front of Mega.
To try and put it in perspective Mega are attempting to float with a valuation nearly three times the combined current market cap of the two most recent graphite floats!!!!!!!
Both Focus & Northern have very good deposits (and neither are valued at anything like the $70M Mega has attached to Uley)so IMO Mega has an enormous task in front of it and I'd suggest risk appetite has deteriorated considerably.
I really see little point in further speculation until we get the long promised info packs that MM told Raider are on the way.
They will hopefully make very interesting reading.

Now I guess I'm speculating but I hope we are going to see some details on how Mega are going to turn the quality large flake Uley graphite into the 99.7% pure spherical stuff that sells for $25/35KPT.