MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Joint Development Agreement signed with Celgard, page-22

  1. 1,667 Posts.
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    Debate the question, not the punter.

    If there is now a commercial arrangement between Celgard and MNS, what's the next commercial arrangement up the chain between MNS and the JV for these services and/or products? If MNS has to pay Celgard upfront for all products / services, when does MNS get paid? IMO this is a very unusual announcement, and as a prospective holder I'm just questioning what this really means for MNS...but perhaps it's all there in the library and I have missed it.
 
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