Coming from sum4all not surprised at all

NOTHING - all that has happend is PEA delay, and that maybe a bit.

Have any insiders sold ? NO

Highlights:

• A higher grade flotation concentrate of up to 92.5% graphitic carbon ('Cg') was produced compared to the previous 78.3% Cg concentrate;
• For the first time a fully engineered purification process has been completed providing data for energy requirements, water treatment, reagent consumption & equipment sizing;
• Optimization of NaOH consumption was achieved such that re-cycling was eliminated thereby reducing costs related to introduction of re-cycling engineering & equipment;
• Significant (~86%) reduction in the NaOH reagent dosage;
• A technically feasible & distinctive process flow sheet was developed and work continues to fully optimize it to meet customer expectations on purity.