In the mine field known as junior mining stocks, good news is more often sold off than bought. The news is never good enough, or never enough information is provided or some other reason. If you recall the 43-101 news which really was outstanding we sold off a lot more than today. For graphite stocks, it is certainly easy to have confusion read into these releases, they are not layman friendly by nature they are technical with the ever mysterious market price scenarios lingering in the background.
If you fundamentally believe in the value of this project, take this as an opportunity to lower your cost base.
In all honesty they could release news on an off-take for $12K per tonne and the market would probably dismiss it.