If you haven't read MNS's announcement this morning, you might want to have a read of it.
The announcement is extremely clear in explaining there improvements with battery charging, which has resulted in the SP increasing by over 30%. Its market cap had increased by 2 EGR's this morning. (nearly 3 at its peak)
IMO EGR's electrochemical test results (asterisk version) were far more superior to MNS's results, due to the poorly worded announcement investors were unable to understand the test results.
In the next week you will be providing the QTR report, can you please provide some clarification of the difference between the two test results, (why one had an asterisk) along with an update on FID, our binding offtake agreement with TechnoGrafit, Why our lease has taken over 10 months to negotiate and the update on Export Finance Australia's progress with our funding application.
EGR Price at posting:
6.5¢ Sentiment: None Disclosure: Held
