Ann: Binding Graphite Offtake Agreement Signed with Traxys, page-95

well i for one think it was well pointed out. i guess it could be somewhat likened to a supplier providing a major customer with a rebate on goods but from what i can tell the pressure is on MNS to meet the conditions precedent to the agreement otherwise agreement folds and traxxy gets a bunch load of shares for not much so upside for them is huge. yes mns MAY GET the agreement thats required for funding construction of nacchu so will be interesting whether that in fact follows. if finance is rejected then i guess traxxy still gets the shares so it will have been a wasted exercise. lets wait and see i guess - like everything else!!!