"No, I don't believe so. While it's only 40,000 lb, it's being used to ramp up a new product coming to market which is a big deal, since it's a commercialized application rather than one in the developmental/testing phase. I'm sure that if management could reveal the customer they would, but sometimes the customer doesn't want their identity revealed."
40,000 lbs is not a lab sample, and you are right...
My ex mentor and business partner for ages ago, made millions off a clay mine, he owned part of.. Start up took a few years. Waster water treatment using a modified clay from the mine was his niche... Most people have no clue how huge clay mining is...
Only time management cares about retail share price, is if they are selling...
But it is going to take some serious revenue and profits to put any debt in a $50 Million dollar hole, unless they plan to sell the mine to Tesla or others for 10+ times that down the road.
Step 1 is stop is stop losing $300,000 every 12 weeks.
News 
Market Data 
Discover 
