The latest roadmap (in ASX announcement on February 22, 2022121 - EMEA Conference Presentation)
- EFC results / continuation
- Initial Nachu project works
The expansion funding has been slotted to Q3 - assumption is due to the DOE funding program (not requiring private investment)
Nachu funding has been to Q3 to align with conditions of binding offtake agreement with Traxys.
Now that there is an offtake agreement, financing can be organised for Nachu.
Hopefully new readers do not listen to the smear campaign against MNS, as this will be in the $'s in the next 12-24months.
- DOE funding for up to 100mill to expand to 10GWH for IM3NY
- Updated Nachu BFS (increased graphite demand and prices - expected to increase from previous $1.7billion USD NPV)
- Nachu funding
- Additional offtakes for IM3NY (already $1Billion AUD in binding offtake agreements)
- Additional offtakes for Nachu (Traxys binding agreement for half of Nachu production for 6 years at market rate)
- Townsville funding
Then the road to 38GWH for IM3NY over the next 8 years.
MNS will reward holders with major $ and eventual dividend returns.
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