Financial StabilityThe company now has approximately $53.0M in cash that should support ongoing plant development, permitting efforts, and the pursuit of alternative government funding.
Logistical AdvantagesThe permitting process for the Coosa Graphite Deposit benefits from an ideal permitting environment and logistical advantages, including its brownfield status and proximity to the Kellyton graphite processing plant.
Operational AlignmentManagement is undertaking efforts that focus on aligning processing capacity with current commitments and financing, which reflects a mature response to current market conditions.