MNS-Understanding the graphite industry, page-6

How do you know KNL's offtake agreements don't make the project viable? You must have information that the rest of us aren't privy to. Who wouldn't want to increase production and look at value-added products if 100% of your planned initial production was already accounted for in binding offtake agreements.

Magnis has a terrific resource, this is not debatable. I have been trying to get into MNS for a while but I have been unable to enter at price that presents enough value for me - maybe I won't get in and perhaps I'll miss out. The issue for me has always been the very ambitious production targets and the high CAPEX required. I feel like speculation and favourable outcomes are already priced into the SP and I think my feelings were vindicated given the decline in the SP since the announcement of the MoU signed with Rosatom, which I think is great news by the way.

I will continue to follow MNS closely but as of right now, the price is not right.