This project would actually be quite ideal for a JV between a large graphite end user and a mining company. Mining compayy gets a robust project in a solid country, end user gets his supply at a much lower net cost plus additional profits from other sales.

One commnet on the previous post about 'deal contingent on the PEA', that thought has crossed my mind a few times. We already know at $8,500 selling price and $2,000 Cost this mine has ridiculous profits. So any net gain between the price and cost just makes it even better. Given what AE has said and alluded to, one would have to put the likelihood at moderate to high that some verbal buyout number(s) have been bandied about contingent on either the PEA an/or some specific characteristic work that particular user is looking for. If this is tyhe case, it makes sense that AE is not all that concerned with the stock price today.

I really do pine for a good old fashioned bidding war.