MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Tanzanian Update on Nachu Graphite Project, page-163

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    It’s pretty obvious the legislation is designed to stop the export of unprocessed ore rather than ore that has gone through the purification process. The level of purification reached is irrelevant as this varies from customer to customer as per they’re needs. Why process ore to battery grade if not being used for batteries? The intent of this legislation is to stop raw ore being sent offshore to be processed and bypassing the Tanzanian people of jobs and education in these processes.
    This continual mis direction of the facts is bordering on criminal by certain posters and serious questions need to be asked as to why they are pursuing this agenda. Is it a diversion to take people’s minds away from the facts that Mns is no where near as advanced in the process of developing a mine as others in the space are. I’m sure forum readers are smart enough to see this for what it is and realise that point 6 is just another misdirection or interpretation , designed to maintain momentum at all costs. IMHO.
    Do people honestly believe that a government on a corruption ridding agenda would only give one graphite company in the entire country the ability to export product and at the same time give the same company all of the tax benefits and development benefits the Sez license facilitates, in effect creating a graphite monopoly. On top of this have all other companies deliver they’re ore to be processed by Magnis and forgoe any value add themselves. This is so ridiculous to even consider it beggars belief and yet there is unscrupulous posters here that are trying to perpetuate this myth. I say criminal as I believe no one could honestly propose this stuff without knowing full well the obvious descrepancies. Maybe delusional would be a better explanation and laughable if it didn’t effect some people’s better judgment in they’re investment decisions.
    IMHO. DYOR.
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