MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS Vs TON

  1. 3,933 Posts.
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    IMO, the expected JORC would be as below.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0   SP Shared Issue Inferred Resourse (avg) Graphite Contained Med-Jumbo Flake (+150uMM) MOU
    1 TON 0.34 310mil 103Mt @5.5% 5.7 Mt   No
    2 MNS 0.15 474mil (if Options Diluted) 400Mt @6% 24 Mt 60% Yes

    With 200ktpa MOUs. and current estimation of MNS resource, with 24Mt it can only serve upto max 7years,
    Dont forget ppl, this is only from the shallow mining. So yes they can delivered that 10years + contracts.

    Also IMO i expect SP around $1 - $1.36, where i get the number from DYOR.
 
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