MNS 0.00% 4.2¢ magnis energy technologies ltd

graphite company maker, page-4

  1. 7,337 Posts.
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    Yes Benboy KNL hasn't set the market on fire & the grades in their JORC are about ball park with SYR at 10.6%, however I am not current with their situation so can not comment really.

    The excitement with UNX will be about the size, grades & flake size, until some more detail on that comes in hard to say. However if we end up with a huge resource of above average grade & good average flake size, economies of scale come into play & we could end up being a low cost long term producer, time will tell. As I have said before, it sure beats sitting around waiting for the U price to go up !!

    There should be some more news soon re trenching & assay results, hopefully it is good news.

    Yes it needs to go up a long way from here for most of us LT holders to get back to break even but I have been quietly averaging down, mostly via the options which look like a good bet to me. I also like the fact that directors have been buying a few heads & options.

 
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