MNS 0.00% 4.2¢ magnis energy technologies ltd

Updates, page-45

  1. 17,843 Posts.
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    Hi Tony, thanks for all the photos, interesting that none of them are the building suitable for a plant to be installed in.

    Anyway, I think @gumboots misunderstood my question re the announcement, obviously the plant is being relocated to New York, my question is why did they not mention it being installed in a building on that Huron campus or whatever the name of it is.

    New York is a big place one would have thought they would have been a bit more specific on where it was going if they have a building already under lease, particularly as one would assume they read HC and it has been raised as a concern on here about the exact location of the "facility".

    So given they didn't mention it (from what I can see) I have analysed that there are 4 likely scenarios

    1. They don't yet have a building location on where it is going to be installed
    2. The relocation team was noted as have "continent to continent" relocation experience, so perhaps New York is just a temporary location until they utilise that experienced team to the full and ship the plant of somewhere else (either to utilise it or maybe cheaper to store overseas somewhere)
    3. They just forgot to or chose not to mention it was going to be installed in a specific facility that is standing by waiting for the equipment. Though this would seem a waste of such a good PR opportunity if it was the case, so I am discounting this one.
    4. I have missed the location of the building in the announcement.

    Thanks
 
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