RE: 30 Million $ Million,
You are completely missing the point. There are many ways of raising money that do not merely involve dilution. Some time back the board explored a number of possible scenarios for financing. Most of the financing will likely come in the form of an offtake agreement. Any potential partner will likely want a full bankable feasability study at a minimum. The question is how much this will cost.
The capex is extremely low with an incredible IRR of over 40%. If this doesn't make your eyes water, I don't know what will. Companies wanting a steady supply of future low cost, large and jumbo flake graphite have to be watching this company. It would hardly be onerous for them to advance a few hundred million dollars to secure this stream.
This company does not stand still and vacillate. Just look at their track record and you will see the phenomenal speed that they have advanced Molo. One other point - Molo represents just a small part of their massive land package. They have lots of other targets. Molo will be the catalyst to finance and open up the other potential
Just my 2c,
Mymoolah1