“An initial non-binding co-operation agreement was signed with a...

“An initial non-binding co-operation agreement was signed with a potential offtake partner and another agreement was signed for the potential funding of the Nachu Graphite Project. Discussions with both parties are continuing towards binding agreements.”

MNS signed multiple MOUs in the past they mean nothing…the only saving grace for the company is they need to execute binding offtake and finance agreements ASAP.

Would love to know who they group or groups are who they signed these agreement with. Why not share the names?Anyways.

But for the company to take out a 4.6M loan due in March 24, you would assume they are confident they will secure offtakes and financing, so they can repay that loan. I pray so anyways, they really need turn this DISASTER around.

It looks like they are fighting to try and save the company (their own mess), if they didn’t hold shares in the company could of been a different story.

Also that 4.6M loan what’s that being used for?