Why I'm Optimistic about Magnis, page-79

how can you say its a massively overinflated market cap with the assets they hold and partners they have secured. HSBC happy to value it at a lot more. Tesla happy to sign an agreement based on the quality of graphite we hold in tanzania. Yes it all needs to move into production which is happening and these delays and hiccups are par of the course at this stage of the company. Get through this and you have just come through the bottom of the hockey stick where we are currently at and you will see a very quick rise.

All mining stocks are getting hammered at this end of market so it's not specific to MNS - also its extremely low volume moving it down. No major shareholders are dumping and no smart money is dumping - I'd say they are quitely accumulating at these levels.