Thoughts
I keep trying to figure whats gone on in the graphite industry since April 2012, as graphite prices have fallen and only few of the juniors that entered the field done well.
Most of the others are in limbo on concerns of lower prices and/or that its competitor's may come up with a large resource. Many pumped their projects which led to a further lack of interest after exploration showed minimal results.
I often wonder if Energizer raised its authorized capital stock in the event it required equity financing to develop its world class graphite and vanadium projects with the above reasoning in mind?