“Still think PEA is now imminent, which imo is when the real fireworks begin and the fight ensues for ownership.”
Over the last few months I've personally decided I don't give a damn what the share price is day to day because I really don't think current prices are relevant in the end. Some think today's price will affect the buyout price, I don't think so. I have faith in AE and the BOD. I have enough confidence in them and our large investors - they're not about to give away this multi-billion dollar resource for a measly $5 a share. They have a number in mind and if that number isn’t matched they’ll mine it themselves.
We tend to focus heavily on the buy-out scenario which is fine. However there is also the possibility Zenyatta decides to mine the graphite. They have a proven pilot plant process, they have government backing, all they would need is either a strategic partner(s), to raise funds, or a partnership with a miner. Or a combination of. I don’t think permits will be an issue going forward! At least 30 or more NDA’s; there won’t be a shortage of customers to buy a product that’s been processed to their individual qualifications.
Just my opinion…