This them vs us tug of war is an interesting study? ....Why would investors see each other as a threat? .....Or is it that investors have chosen one over the other and don't want to admit that they both could be good investments?.....As I see it they are both far from DE-RISKED but both could defy the odds and be successful. ....Here's how they stack up....:

One
- has been having trouble with metallurgy for over a year.......but they are not giving up.....they may have to give up the dream of being environmentally friendly but still has a good chance of getting those pesky impurities out of the ore
- has attracted some interest from end users who could become partners for value added products assuming they can produce a high purity graphite consistently
-One is careful not to disclose enough info to determine accurately what their results really are
-one will need to sell the high purity material at top prices to make the project economic

The Other
- has proven that the metallurgy is simple and cheap and produces high purity graphite
- has yet to show that they have an economic resource
- has attracted a lot of interest from end users
- is working on a PEA, mining and processing permits

So both have potential but both have risks...
They are not in competition with each other for end users
Just sayin