Oz appreciate your posts and it's good to get the views of a long termer. The upbeat feel (theirs) was conveyed by phone. I think energizer may have motivated them a bit recently. As for the team of 40 yes it was mentioned and also confirmed via their updated website. While I do agree, they are not geos, part of the mix includes technical experts and people with field experience. (locally recruited)
I tend to get the impression that many companies with budding graphite companies have decided that there is light at the end of the tunnel, and by pulling out the proverbial finger and doing something after the GFC, they actually may have a business to build. Amazing how the graphite craze has spurred exploration in many countries this past 12 months.
As for whether they trench or not...will wait and see. I think the eventual threat of Energizer expanding and preying, may make them do something faster than before.
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