If this article is correct and IM3 raise capital at that valuation of 1.5B and Mns owns 60% that will give us a MC of approx 900M as per the article, MNS Current MC only approx 400M.
Would be interesting to see what will the valuation be if and when they scale up to 5 GWH 8 GWH and 30 GWH.
Exciting times to be part of this IMO
Here is a link to the HSBC article is below for those that have not seen it:
https://www.copyright link/street-talk/hsbc-chases-big-number-for-magnis-energy-s-im3ny-plant-20221130-p5c2k9
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