Re: DNI - I posted some similar sentiment what seems like a long time ago now. DNI used stock to purchase or try to purchase other non-core properties (copper/something). The lab, other non-graphite exploration type properties, etc. Seems like a lack of focus.
If a near-term re-valuation is so close at hand and if they have what they need to get the drilling done why sell equity at a $3M valuation?