MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS The Bullish Case, page-23

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    If you run a small business with high profit margins, dealing with bankers will be a lot easier. MNS will mine 200,000 ton graphite per annum at the cost of $400 per ton. At the current market price, MNS will sell at $1400 per ton. Do the simple math. The profit margins are just staggering. A few funding options could be on the table. As the project is so good, who knows funding could be arranged right after prefeasibility study? Then bankable study won't be needed.
 
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