Ann: Director Resignations-MNS.AX, page-54

Hi CB yes the two quarterly's really say it all. One of the companies is completely focused on sales and supplying end user demand the other has been completely asleep at the wheel. Arrogantly MNS have completely ignored China which IMO is crazy given that they still control 75% of the market and end up supplying most Western companies anyway, They even appear to have walked away from some very good MOU'S that were given to them on a plate : (

This is playing out exactly how I thought it would. Tanzania is still a great place to do business the graphite is excellent (best in the world), so is the infrastructure, and the local people are great, but all of this is useless without good management !