Having access to the right information is crucial in trend...

Having access to the right information is crucial in trend investing , particularly commodities.

Ironically, and IMO very sadly for MNS investors, as predicted, graphite demand is now starting to pick up after its lull. IMO Benchmark Mineral did a pretty good job last year on this :



If MNS had developed Nachu they could be in production by now, and at least be ready to meet the future with some possible profits, and more importantly, hope.  Nachu has some good graphite in it, no doubt. I don't know where or from who they received their market advice at the time, if at all, but IMO the EV market will be flat (next to no profits) for another decade. So even a factory wouldn't have  fixed MNS bottom line IMO.

For interested readers, Mark Mills research is usually insightful and of a very high standard. The "New Energy Economy" - An Exercise In Magical Thinking sheds light on some of the mistruths and public/govt held fallacies about energy reality, including batteries.

https://media4.manhattan-institute.org/sites/default/files/R-0319-MM.pdf


Meanwhile, the smart money has been slowly and quietly accumulating oil and quality beaten up US oil and gas stocks with plenty of cash and reserves for a while now....