MNS
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0.00% 4.2¢ magnis energy technologies ltd

Ann: 3rd Quarter Report & Appendix 5B, page-3

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  1. Cosmoterios
    19,072 Posts.
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    30/04/24
    10:05
    Post #: 73575725
    The interest has gone up from 5% to 5.5%.

    And looks like they borrowed another $218k. Was the company insolvent already???

    How many batteries can you purchase from the MOU partner with $28k???

    Won't be able to meet the annual costs of keeping the Graphite lease too.

    With $28k left, it wouldn't be able to pay rent for the next quarter.

    Or annual fees to be registered as a Public Company.

    This company is gone.
    Last edited by Cosmoterios: 30/04/24
    MNS Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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