It's a long shot given MNS's past history of not delivering on their ASX announcements but if they can find someone to put up the money to develop Nachu, and provide relevant reports required to satisfy the requirements of being a listed company then this company MIGHT succeed and be re instated to the ASX.
According to Benchmark Mineral Intelligence, natural graphite demand is forecast to increase by a staggering 140% by 2030, requiring an additional 1.7 million tonnes of material.
Replacing Frank Poullas on the Management Team would be another good move IMO. He's in the top 20 shareholders but being prosecuted by ASIC is not a good look for attracting investors to develop Nachu.
The failure of the IM3 Factory in New York has left a stain on MNS that is the reason our company will continue to struggle IMO.
I've already come to terms with losing $ investing in MNS but if Nachu is funded and Frank resigns we have some hope IMO.
GLTAH and DYOR...
It's a long shot given MNS's past history of not delivering on...
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