No 1, Wrong, not happening.No 2, As it’s in Tanzania it’s worth...

First 5 Last

Share
Profile

Follow
TopSahara

8,470 Posts.

635

13/09/23

10:07

Post #: 69836764
Share

Originally posted by MNSFan: ↑

Some pros and cons of investing in MNS IMO are :

PROs

1. It has a part ownership in a large battery producing company in New York that is already producing batteries for sale to a huge market.

2. It has ownership of land in Tanzania with proven reserves of very high grade material that can be used in battery production.

3. A strong management Tesm at MNS is led by Frank Poullas who has 'skin in the game' (holding over 13 million sh beenares and he's beem buying more on market over many years)

4. The SP was 6 cents a few years ago and rose to over 75 cents....the company is now far more advanced than it was then. Its at year lows now.

5. Lots of posters on HC that are non holders post negatives of the stock...why do that unless you want to panic holders into selling ?

CONs

1 The company has not yet released evidence of sales of its batteries to the market...it needs to show the market it is income producing.

2. Tanzania is a difficult country
to do business in and get funding for mining activity.

3. There has been negative press in the media vabout MNS.

Expand

No 1, Wrong, not happening.
No 2, As it’s in Tanzania it’s worth nothing.
No 3, If the team is so good how come the SP is Rat Poo.
No 4, If the company is so far advanced how come the SP is Rat Poo???.
No 5, We post to stop Mums and Dads from being in the same boat as you.

5cents is locked in.

MNS Price at posting: 7.8¢ Sentiment: Hold Disclosure: Not Held
9 Upvote

0 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What each US election outcome would mean for Australian companies & investors

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers