How much de-risking do we really need at this point? It seems that it'll be risk free and the SP will still drop and we still won't have a buyout..

If we have a special h igh end graphite that can be used for various sources and we've given end users 6-12 months to test it..with a mine that can last X amount of years...

What is an end user waiting for??

and sorry for the questions, I am far from a mineral specialist or industry specialist..

Lastly, 150 m cash flow is great. But cash flow does nothing for investors right now, especially when we are "hoping" for a buyout.

so if expectations were disappointing, how do we expect this to help with our buyout users? the same NDA who were supposed to have taken us out before the buyout?

Is the share price going down? Further de-risked, conservative PEA. We finally expected the PEA and it proved exactly what we expected. Previously forum members predicted that we would get bought out before the PEA which was the hold up. Now that has changed and we are waiting for buyout until AE develops a mine...but just more waiting?