MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: iM3NY Market Update, page-89

  1. 1,158 Posts.
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    I see the factory has 2 options left, either MNS can somehow pay of the lender with 100 million, or they have to declare bankruptcy.

    but why would MNS get another loan to pay for a factory that makes ZERO batteries

    So, there is only 1 thing that will happen IMO, IM3NY declares bankruptcy, the lender losses millions, this fantasy is cast aside and MNS may focus on graphite, we will probably be ok if we can get the money to finance Nachu
    Last edited by Melen100: 11/01/24
 
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