think PP announcement overblown
the fact is they will use the money to create huge shareholder value by bringing the mine into production. they already have take off partners, have produced 8tons of graphite to send to these partners, and are refining their processes in the plant to begin ramping up production. once this is raised, the coompany may not need to raise anymore money. this is amongst the first companies to begin revenue recognition amongst the graphite juniors.
those who got out have done so. waiting for the pricing for the PP to see if people will sell to get into the PP. otherwise i am expecting good news from off take partners and share price to continue to rise.