well Ireland does have that favourable corp tax rate so expect...

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22/10/18

12:06

Post #: 36209078
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Originally posted by SteveSage: ↑

Thaigher
You realise that mgmt are looking at your post, and are formulating ideas about building something in Ireland; perhaps a 'micro battery factory' which will be in feasibility stage for a couple of years, all so that they can travel on shareholder dime and enjoy the liquid refreshment in Ireland.

Seriously:
- mining commissioner appointed in April
- 7000 mining licences issued in June
- mining companies meant to comply with integrity pledge....due in Oct 2018
- a google search shows the following companies are moving forward with investment
- Walkabout resources
- Volt announced that they are moving forward with building out their mine and have secured offtake agreements
- Kibaran just reaffirmed its mining license for the next 10 years which has driven its share price higher (& what I found was they are looking at purification in Europe so the nonsense about SEZ is just that......)

At this stage, MNS have to come out with some confirmation that (a) their mining license is valid, and (b) what their plans are for Nachu else we are back to testing new lows. Without Nachu, the MC for this at best is 20-30m plus cash on hand.....thats well under 10c folks. And instead of the usual rah rah brigade having a go at me, perhaps ask at the AGM why no progress on the biggest asset they have when other miners (some much smaller) seem to have managed to negotiate and move forward with the Tanzanian Govt.

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well Ireland does have that favourable corp tax rate so expect an ANN about a new head office in Dublin and how we've hired an ex Facebook employee on how he managed to minimise tax obligations..

But fully agree Steve - MNS has a mcap of 200m on the basis that Nachu will have some value unlocked at some point. Right now that looks a long long way away. Expect a fluff ANN prior to the AGM

Need to start that hard questioning and pressuring Mngt

MNS Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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