"Have you ever thought maybe some people just HAVE the money to convert their options?"
Yeah sure, some do, but so what? They don't contribute to selling pressure.
Fact is, sp is DOWN @15% post Russian MOU fluff and option conversion has increased.
MNS is an ASX300 listed company with $300M MC, $1.9M coh, NO off-takes, NO finance.
So interesting to watch selling/conversion sentiment over weeks ahead...
Incidentally, hear 3rd party certification required for nuclear grade graphite and process can take several years.
cheers
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