RE: RE: Weakening with a financing - not good I don't think that this is of much concern to us. We have a large percentage of large and jumbo flake graphite. The graphite is virtually on the surface, so strip ratios are extremely low, simple mechanical crushing will produce a high concentrare ( this has been clearly documented before and may obviate the need for flotation), cheap labour force, other large mining operations commencing in the country, close to markets etc etc. This company will most likely be a very low cost producer.
Funding will most likely be provided through a combination of offtake agreements, loans and possibly further dilution. The company has moved extremely quickly since discovering the graphite. I do not believe that they are oblivious to the share structure. Adding funding, even tho' at a low price is probably prudent in view of the, albeit low, risk of hitting the fiscal cliff in the USA. If that hits, there won't be any funding raised at anything near the US$ 0,35 that was achieved. This will provide them with a small cushion, at the expense of minimal dilution.
Just my 2c,
Mymoolah1