Does the basket match the market?, page-24

This concerns me that the current share price of 22 cents has alreadyhad factored in by the market 2 off take agreements for a large amount of graphite at what is presumed to be a high price , yet the SP hasnt responded. I am worried that if supply of flake graphite increases with new mines coming into production that the flake price might drop, and MNS be reduced to a lower SP, maybe even 5 cents.

I am just not comfortable to buy MNS with these dark clouds hanging in its skies.