MNS 0.00% 4.2¢ magnis energy technologies ltd

General Discussion Topics, page-5661

  1. 1,223 Posts.
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    No concerns about funding and as lates shareholders meeting noted they are going for $700M loan and $200M grant - with the loan you need to match so my assumption is a private investor but they must have the funds already for the submission - $1.6B in grants and loans will allow IM3 to expand rapidly. The last CEO’s presentation (I think Share cafe) said they won’t know till Q1 next year but expect to be awarded- they totally qualify, have plenty of gov supporting the made in US home grown battery factory. Currently stockpiling batteries to be shipped on certification within expected 2 weeks timeframe - plenty of noise on what C4v and partners are doing - just look at Omega Sheila mobility- amazing stuff 5 years ahead of any competition and we have supply contract with them. Don’t lose patience the faithful- not long to go and you will see the blocks fall nicely into place like a good Tetris player
 
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