MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Binding Offtake Agreement with Sinosteel, page-39

  1. 3,129 Posts.
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    I would have thought onward and upwards once the first binding off-take was announced, but no. After that it was wait for the PFS, and we got that with another, bigger binding off-take. 15% for the shares and 20 odd % for the oppies is a good lift, but not quite what I expected. So now it's wait for the funding, then wait for the approvals, then wait for the first shipment...... I am unsure why the market has not started factoring these in and pushed the SP higher. I am quite certain it will happen, just cant figure the sluggish performance given the string of positive announcements of late.
 
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