Some PROS of MNS in my opinion...MNS owns tenements in Tanzania...

Some PROS of MNS in my opinion...

MNS owns tenements in Tanzania with proven reserves of high quality graphite...a rare raw material which is used in the Electic Vehicle and other Industries. The company has indicated in ASX announcements that funds from intrested parties are being sourced to develop that valuable resource....

2. Magnis is seeking to take over the IM3NY Tactory in America, and if sucessful in that goal they will need to replace/update the technology in that factory so it can produce batteries for sale at a profit- to a range of potential customers.

3. The CEO of MNS...Frank Poullas has many millions of shares in the company...so is therefore very motivated for it to succeed

Some CONs of MNS in my opinion...

1. The company has been suspended from trading on the ASX for a significant period of time for alleged breaches of the relevant law as alleged in ASIC filings. (The company has pleaded Not Guilty to those allegations).

2. FP is also being accused by ASIC of alleged breaches of the relevant law...(he has pleaded Not Guilty and the matter is set down for hearing in the relevant Court at a later date).

3. There have been several negative articles in the print media (primarily The Australian newspaper) about the company.

4. A number of members of the MNS Board and Senior staff have left the company after relatively short periods of time...

5. The HC MNS threads are full of negative feedback and comments about the company.

6. The share price of MNS is ar 5 year lows.. it was $2 a share at one point and last traded at 4.2 cents before it was suspended from trading on the ASX .

7. There has been publicity about a class action against the company....with no update on the progress of that alleged Class Action....

GLTAH and DYOR