I'm truly amazed at why KNL posters seem to think there is some sort of battle between the two G stocks.
Seriously, MNS holders couldn't care less.
Lets look ahead 4 months. From memory, the uranium one CEO stated that Magnis flake was like nothing he had ever seen before, hence the company is funding drilling for bulk core samples while stating that they look forward to a binding agreement.
Lets assume they go for 20ktpa of super jumbo at $5k/ ton which, is very conservative. The revenue from this alone is $100mpa and makes Magnis very cash flow positive... the other 220ktpa of flake we have is just cream.
Our 20ktpa of super jumbo brings in considerably more revenue than KNL's entire expanded 60ktpa operation..... game over.... in fact there never was any competition between these companies!!
I'm truly amazed at why KNL posters seem to think there is some...
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