Had Cliff's not bailed and the PEA been issued as originally planned I doubt we would be sitting on the $2 price. But it is what it is.

Juniors are the red headed step children these days which also does not help.

I have pretty much resigned myself to the price only rising to value on a buyout. Which is why I posed the 'are we missing anything' question. If not then we sit and wait. If so, then we have to figure out what we are missing and the consequences therof.

The processing costs, at least initially, are shown in the 43-101 technical report. Those should not change much. If they do change it should be due to achieving higher purity and thus higher prices.This graphite space is pretty new to market pareticipants so the numbers likely seem improbable and a lot of the information is very technical.

Sometimes, the market does not see the obvious - this is the case in either direction of overvaluation and undervaluation. Nortel was not worth $120 and Zen is not worth $2.

I think we all hope for a 'true value' buyout sooner than later, but this is out of our hands.