I am with you my friend, Not knocking MNS as a Battery cell manufacturer but to feed the offtakes they need to grow and grow fast and to do that they need big $,s, They can walk away from an offtake it means jack shit if they can't deliver. There is plenty out there with deep pockets to start there own battery cell manufactoring plant and they will do it quicker than MNS, Money talks bullshit walks. I was all for MNS untill I've seen the Financial report, big cash burn in US $,s and will only get worse before it gets better as I feel that they will gi back to the Market for more money. just saying guys. I will observe from the sidelines and have another look once we reach a peak in the cash rate and that seems to be like 4-5% and by end of 3rd quarter AU.
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