Healthy discussion is good but ive got to say the last few weeks its been a little repetitive. To sum it up it tends to go like this
Guys Against: there's no market for graphite....
Guys for: well we binding offtakes from two companies
Guys Against: our resource is better than yours because we predominantly have fine to medium flakes. No one wsnts to by this from us but we done tests that prove we can process spherical graphite that can be solid for a mint. We don’t know the cost of production and the yield is poor but management looking at two plants with one at the mine and one in the USA. The USA investigation must be so we can supply Tesla. Let's spend a heap of money and time on this study to draw the conclusion that its cheaper to produce at the mine gate since it is more expensive to transport significant quantities of feedstock (fine graphite) than the product.
Guys for MNS: Fine to medium flakes will be preferred? That's nice our binding offtakes say otherwise
Guys Against: well your binding offtakes are at market price. That means your revenue could change and prices of will fall and your company will no longer be profitable
Guys for MNS: Possible but unlikely as you can see in various reports not commissioned by mns future prices for large and jumbo flakes a forcaste to increase not decrease. But even when looking at prices lower than today the economic looks good
Random guy that likes to stir the point: my cat's breath smells of cat food. So many unanswered questions......
Look you either believe the story or you don't. If you do then go ahead and buy some shares. If you don't thats fine too but could we atleast have some new topics of dicussion regarding the compay?
MNS Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
