That's fair comment. I wish you and all holders the best.

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johnyb26

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28/11/19

21:24

Post #: 41695609
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Originally posted by stringfellow ↑

thanks. time will tell tho. the asx is littered with wannabes - they are certainly ambitious compared to most if not all, and have bitten off more than they can chew. lots of money sunk into getting to this point but a lot of it is well spent, not easily tangible which people won't see - it's a speccie startup - high risk and reward. I dont doubt the boards technical expertise, but given the scale of the projects, it is becoming binary whether or not finance occurs. I still believe it will happen with varying amounts of dilution but time is the unknown and it is not good to see a sp drop, esp for holders. nab and w Smith would have left if they couldn't provide anything but it's in the pipeline imo. why do you think we are progressing to engineering public consult without finance? seems like one of the last steps that finance may require, esp for this scale. it is unique business plan - I would support the direction into the battery space esp given tanz' temp or semi permanent brain f@rt. maybe they were unlucky in executing - but may not be in future. remember someone somewhere is going to need or use c4v technology. it is an ip company with Stan doing solid state. just a matter of time before a buyout, court case or joint venture if im3 don't produce. mns owns quite a bit there (c4v) even if Townsville doesn't work (and it will- the council, other companies in the predict and maybe the fed has too much riding or depending on it). just how low can the sp go? the only relevance is negma, and if you crystallise a loss. I will be surprised if it ceases to be a going concern. and if it does, well it's a speccie, and they certainly tried damn hard. place your bets and have the stomach to ride it out imo. it's always darkest before dawn.

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That's fair comment. I wish you and all holders the best.

MNS Price at posting: 11.0¢ Sentiment: Sell Disclosure: Not Held
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