I'm not worried about the current price from a pure investment PoV -'m sure enough the value will come. What does concern me is that they need the share price to be above 4p to raise funds. What happens if they run out of cash and we're below the stated minimum for raising?
China have been playing the long game with Tungsten, Gallium, Rare Earths etc. They control 80%+ of the mining of these and up to 98% of the processing. They even control the bulk of technology and equipment production for refining. They know the West needs these critical elements and will not give up their advantage lightly.
I agree with your 'frank' and 'honest' discussions theory.