MNS 0.00% 4.2¢ magnis energy technologies ltd

come with facts not rumours.Stay in the forum, if you can contribute, page-6

  1. 1,109 Posts.
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    All anyone can say is they have done their own research and see MNS as undervalued without any substance whatsoever.. You provided no constructive input and took it upon yourself to belittle people that would like concerns and questions answered, as a result of lack of detail in announcements, saying they are on the verge of a mental breakdown.

    your post is about providing facts not rumors, yet your post says tanzania, NY and Townsville are CERTAIN to happen. Which a certainly not facts. And 100% a rumor

    I'll give you some facts. Only one company has been granted funding in tanzania and that is provided they meet all the conditions. Theyre overseen by the govt and charged for this. Funding must be achieved in some form or another from a Tanzanian Bank and the ball is in their court whether anything gets approved and at what interest rate.

    Townsville only has an NPV of 2.5 billion, with an IRR of 21%. This was done quite some time ago and the details of the feasibility study have not once been disclosed to shareholders! Why is that? I suspect that the IRR of 21% is now below zero, given the prices of commodities for batteries then compared to now. As well as the price of steel and shipping costs tripling since 2020 and since the feasibility study. It is also dependent on a number of businesses wanting to join and government approvals.

    please share some facts of why it is, as you say, certain to happen?







    Last edited by FreeflyerNZ: 04/10/21
 
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