RE:Off my watch listKwikwi !
Very simple the company need to prove the ressource on the flag ship graphite property in Matawani. this required some funding. In this hard market they are doing very very good. they will close the balance of 2 million before end of august and they have some big name putting money . no more share out of treasury after this round until a full 43-101 and PEA .. this should bring this stock to 50m plus market cap once the ressource calculation is complete ..
you should keep it on your watch list and even buy more, P.P are normal at this stage. it's more important to have a junior mining with money in the bank then other that have super good project but can't finance nothing
IMHO !