MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-13

  1. 478 Posts.
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    The reality is the company needs to top up its kitty, and if you’re professional and hard-headed you do what you need to do to keep trucking along towards your destiny. I’m a long term holder and very strong supporter of our careful and methodical management’s approach, and there’s just no way I’m going to jump to any premature conclusions regarding this raise. We have just received FS funding/full-go-ahead for Townsville, the NY operation continues to advance to schedule (where btw we have sales agreements in place), and the scope for further developments of our intended global spread remains huge, and hugely exciting. So whatever the amount/terms of this particular CR I’m just not going anywhere, so long as we keep plodding onwards IAW our stated strategic plan.

    Except...back to the sauna now until Monday, where Trixie, Dixie, Pixie, Minxie and Fernandi the Gender-Ambiguous Icelandic Albino await with birch branches poised...

    Good luck, Magster brethren all (and all other tenaciously-patient holders in this sector).
 
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