MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS threads on HC, page-539

  1. 978 Posts.
    lightbulb Created with Sketch. 1220
    Nagarjuna - agree with your comment "test results are kept confidential between customer and vendor". The only thing we would see is sales being recorded.

    On the sales front, I am not surprised that we have not heard of "first sales" at this juncture. It would not surprise if (unless they desperately need to the cashflow), that they are now announcing commencement of sales as I suspect with the $35/kWh tax credit kicking in on all sales booked from 1st January, there is significant incentive NOT to be booking sales now, but rather to hold these over to start next year. Cash between iM3NY and counterparts can be managed via prepayments, etc but if I were in their shoes, I would not be muttering the "S" word for the next 5 weeks.

    GLTA & DYOR.
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.