MNS 0.00% 4.2¢ magnis energy technologies ltd

The TON of Tanzania?, page-40

  1. 495 Posts.
    Some good questions Pe.

    I honestly don't think Mns will be the next Ton, the project is to good (albeit there is a better one 30km down the road) the graphite isn't locked up in Vandium like Ton, Syr and Mta. And mns is based in Tansania and not Mozambique, I can list the problems with dealing in Mozambique but that's another story.

    What I question is mns managements strategy and track record todate. I think they have been extremely arrogant to ignore China after all this is 75% of the world graphite market and even western end users end up buying from them. The guys 30km down the road have been busy building important relationships and signing future customers. One of them being China's second largest Li Io battery manufacture. Equally important they have also been active in Europe and US sending samples their too. Whilst on the sales front the silence has been deafening for mns.

    Also on the appointment of the two directors in May, my jaw dropped when I saw this annoucment, hadn't the Frank's heard of Mne and taken the time to see what happened there ? I'm not surprised this has ended like it did yesterday.

    So overall guys it's not the end of the world there is good and bad for mns and if you want to be in graphite in Tanzania there are other options out there that are on track and imho will be hugely successful !
 
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