MNS 0.00% 4.2¢ magnis energy technologies ltd

Magnis Energy Technologies (ASX:MNS) positioned for EV growth in the US, page-100

  1. 976 Posts.
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    I think you are correct in your three items listed re iM3NY, but would caution in relation to the possible timing of last one. Very unlikely that there is anything happening other than a few conversations at this stage - it will not likely to get any real momentum viz DD until at least the certification hurdle has been jumped. Also, I suspect the DD will be limited and cautious until iM3NY knows the outcome of its various loan and grant applications (which will also then influence valuation). I am not expecting anything of substance on this partner / equity front until mid Q2-2023 at the earliest.

    For mine, I am simply focused on an announcement re certification in the next few weeks - with the possible bonus of some decision on either grants or loans now that the US government agencies are back at their desks. These will be more than enough to get the share price moving. (and they will want to get it moving so that they can get the $39m additional equity from the exercise of the 78m of $0.50 options that expire 25th May).
 
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