Article - Open Letter Tanzania Mining Industry, page-5

Sean lucky for mns, nachu isn't the main game anymore. To create demand for nachu graphite, mns partnered up in gigafactories to get off takes. The evolution of mns has now changed to actually being a battery supplier, and not mining no anymore, the name change reflects that. Problem is, that battery manufacturing is a high capital, low profit margin, high volume business, with established players absolutely dominating, and protecting there market by making batteries cheaper and cheaper through economies of scale.

So the question is how is a little company from Australia with hardly any capital, going to go in a capital intensive business, with nearly all the capital needing to come from financing?