MNS 0.00% 4.2¢ magnis energy technologies ltd

General Discussion Topics, page-1337

  1. 1,109 Posts.
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    If we are posting old news I'll leave this here.

    you posted above 2018/2019 that magnis would have Gen 2 cells out to customers to test by the end of 2018/2019, irrelevant which year.

    Yet this year we still only have a Gen 1 battery.





    https://hotcopper.com.au/data/attachments/3608/3608866-53e82061df8170f77766db86e431518e.jpghttps://hotcopper.com.au/data/attachments/3608/3608870-07e0748466a112c701db55cfe31ad79c.jpg

    The picture above showing the Gen 1 and Gen 2 batteries. I won't bother mentioning solid state, no point.

    Here is where they are at.

    March THIS YEAR

    https://hotcopper.com.au/data/attachments/3608/3608919-3f49e86f41ebcb0f414b4ee5b2266cb1.jpg

    Looks awfully familiar to the specs of only a Gen 1 battery don't you think?

    They reposted the same battery again not long ago.

    So here we are, supposed to have been able to produce a Gen 2 battery by 2021 yet the battery released this year has the specs of a Gen 1 battery that they said they could make in 2019.

    In fact the Twitter post above from a couple months ago showing off their battery is worse than the Gen 1 aimed for by 2019.

    My main reason for selling is the lack of transparency from management on off takes and raising funds.

    Yet the uprampers here ignore this and say we'll atleast we have the tech. Newsflash, they don't.


 
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