I'm sitting here watching the entire graphite and lithium sector burn to the ground, and can't help thinking the bulls are the desperate ones.
So many stocks have crashed 50% or more like MNS. They all feel like the same old pump and dumps which came before them, it's TON all over again.
Anyone who thinks MNS will still deliver off take agreements after all the timeline misses, is delusional.
The capital raise has to be close now. I think if it comes before September it will be a strong signal that FP has absolutely nothing in the pipeline. I expect it around November though.
If they did it today (which they should) it would be around 40 cents. That will be the final blow for MNS. However waiting until end of the year will prove much too late, you'll be raising money somewhere between 15-20 cents. Possibly less
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