I don't think that apples with apples. MNS is way more mature in so many aspects. This is one of their recent announcements and demonstrates their maturity.
22 June 2017 - Magnis Resources announced that following the successful testing of its graphite samples sent to Russia's ROSATOM, a bulk sample program is going to begin soon funded by U1, a wholly owned subsidiary of ROSATOM. U1 will fund a bulk sampling program to produce Super Jumbo, Jumbo and battery feedstock. It is expected 18t of ore will be required. The initial graphite samples provided by the Company were unlike anything it have seen in the past?
They are also advanced in value adding. Just look at the 15GWh LiB plant they are involved in. Lots of hooks and lots of support. I don't think you can compare MNS with HXG at present.
Ann: Updated Corporate Presentation, page-15
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