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this is exactly the MM worried about, otherwise the share should be flying but the project has it's long term impact but placing negative impact only in short terms. By the way the previous RNS had mentioned several times the project is fully funded, however I personally not believe it, because from the picture we could see that maybe just the road construction would cost a lot. they are exporing inside a highland.
From the picture I could see some hope. It is a surely a whole belt of graphitic carbon geographical layer and nick's words are honest: they need a road repair job... so basically, it all real and it's up comming.
http://armadalecapitalplc.com/mahengue-liandu-graphite-project
It looks like not just me think this company is lack of reputation. Actually the company's biggest problem is keep ramping ,non-stop trying to create topic and make extra pre production process but no production. People is sick of this and the board just don't get it.
I thought the original plan was next: pre-DFS -> DFS -> diamond JORC -> diamond pre-DFS -> diamond DFS (hooray another one years AIM happy company being for ACP) -???? . The share should drop more to make them move the fat axx . Even drilling commerce RNS have no movement simply means the market do not trust ACP board at all.
I think you don't know what's india like. They just start to popularize mobile phones recent year. All e-car is not going to happen by 2030 in india. they will not reach that advance in 13 years.