MNS 1c option holders may well net A$100M+ before a single bag of graphite is shipped.
i.e there is no need for an actual graphite mine to make money from MNS.
Funding the conversion may require selling heads. The higher MNS sp, the less sales required.
Of course, that outcome will require liquidity supported by positive announcements prior to May expiry and probably beyond. Following few posts are a potted history for reference in any discussions as story plays out in coming months.
MNS 1c option holders may well net A$100M+ before a single bag...
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