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0.00% 4.2¢ magnis energy technologies ltd

Magnis buys $200 million of battery making equipment for $5 million, page-47

  1. anf0
    1,971 Posts.
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    08/02/18
    14:52
    Post #: 30919234
    Zinzo, my numbers are directly from Magnis. $130m in capex to produce 3GW.

    1/3 is now covered (yes on the cheap), leaving ~$86 million. The factory is already standing in NY according to the company so equipment is all that is supposedly required.

    The math is simple.
    Last edited by anf0: 08/02/18
    MNS Price at posting: 42.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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