Well said. Spot on. The other factor, ofcourse, is current...

Well said. Spot on.

The other factor, ofcourse, is current sentiment across graphite stocks.

One of the highlights of the MOU with Meiwa was 'to determine the most amenable products to ensure commercial viability'.
If this progresses as seemingly intended, that should result in further testing and identifying product/products and giving the company a direction in that sense that it is currently lacking.

I feel that Meiwa's involvement is very positive and if discussions progress to the pointy end of negotiation, BKT will adopt a commonsense business approach and not allow greed/ego to stand in the way of a potential long term business relationship.

That's the advantage of having a Chairman who has been in business from an early age with great success.

Major shareholders in Miewa:

Mitsubishi Corp 33%
Mitsubishi Chenical Pension Fund 9.76%
Asahi Glass Co Ltd 9.32% division of Mitsubishi and largest glassmaker in the world.
Fidelity Management and Research 8.32% Fidelity Investments AUM $2.13 trillion 45,000 staff
Mitsubishi UFJ Financial Group inc. 4.3%

Joining dots isn't always a success but there a certainly dots in this MOU.

I like the fact that BKT errs on the conservative/realistic side as with the basket price in the PFS.

Don.