My Bet is It Will Still Be Under $4 by Next Friday VT75...
Only thing that can sustain a true drive higher is proof of economics.
Universities can't do it as the purity has been proven by a global firm, so who cares what the Universities say.
There won't be a JV partner anytime soon as they need to know that Zenyatta can produce graphite economically, and economics will not be out for another 9 months more or less.
Zenyatta, IMO will need to run average grade ore on a Pilot Plant Scale basis in order to prove that it can produce 99.99% graphite, and do it efficiently and economically.
So far, Eveleigh stated that no thermal heat needs to be added, which is contrary to what chemist Hoov said, but hoov's an Anonymous chemist, what would you expect, lol.
No thermal heat is needed on a bench scale (lab table), but they do not know yet if a kiln with added thermal heat is needed on a larger Pilot Plant Scale model.
Look for a Pilot Plant plans sometime next year. Just a guess on my part.