MNS magnis energy technologies ltd

MNS threads on HC, page-1680

  1. 15,092 Posts.
    lightbulb Created with Sketch. 1687
    Thank you, I guess they will have spent bucketloads along the way, no doubt on salaries and suchlike, but they literally have nothing tangible? It"s absolutely going to tip over, but I'm fascinated as to why somebody would have tipped $4.6 mil into it. Knowing that it could never be repaid, nor could the interest charges be met (and why it would be extended is another thing again), it looks like a ruse to finish the company off. Seems like a lot of aggro for a questionable tenement - is there anything in the ground? Aren't they just going to handball it along to another under capitalised entity for them to do the same? In which case what are they going to get for it?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.