PFS isn't enough in the graphite space. Not at this stage of...

PFS isn't enough in the graphite space.
Not at this stage of play with current global demand.
Copulos sure is betting on this being a winner but when you look at his investment compared to net worth it's not a major investment. Somewhere between 5%-10%.

I'm going to see how things pan out over the next few weeks, unless there are more options that Copulos can convert to raise funds like he did last quarter then I don't see why there would be too many people looking to throw money at this right now with a CR and another 60m shares coming to market.

Estimated production is 2019 and there is no graphite company that has come anywhere near meeting their targets. Likely 2020 best case for production and a lot of money/dilution needed in between. Next CR will bring register approx 420-440m shares on issue and add another ~50m options and maybe some more options for the next raising and that leaves a fairly big register at this stage of play. Definitely on my watchlist though when you have a guy like Copulos at the wheel.