MNS In Sunday Tele, page-15

I get that mate, I just don't get the price disparity. The debate rages here with Syrah holders and from that I have learnt somewhat. I just don't get why GPX (formerly IXR) sold a 25% stake in Magnis for only $2 mill or thereabouts only a couple of years ago to then launch their own graphite company in the same region claiming to have a better product and more of it. Simply graphite isn't like gold worth x per tonne and no where except on these threads is there much debate as to the relative worth of each companies resource. Trusting management statements as we saw with ton and to a lesser extent syr has been fraught with danger are mns or gpx management any different?