One of the biggest differences of this PEA/PFS versus any other is the pricing of the product, both cost to mine/mill/purify/shape and coat vs price to end user. There are very different numbers that have been suggested here. From as low as $600 per ton to manufacture to as high as $5000. Selling price seen as low as $5000 to as high as $60,000. My personal thoughts are costs will be sub $2000, maybe as low as $1500 and selling price will be $10,000 to $14,000. This PEA/PFS will reveal for all to see what these real numbers are with a very good degree of certainty. This also has the potential of increasing the resource estimate significantly. Once these numbers are public, everyone, including brokers/analysts/mining companies/end users can grab their calculators and figure out what this deposit is all about. We will also have NPV numbers and IRR numbers which, without knowing anything about graphite, can make you want to buy this stock.

So I do not believe for 1 second that this stock's price reaction to the PEA will be anywhere close to typical if costs and sell price are where most believe they are.

Glorieux