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4.2¢ magnis energy technologies ltd

Ann: New York Lithium-ion Battery Plant Equipment Purchase, page-88

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stringfellow

1,856 Posts.

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23/02/21

00:42

Post #: 51231175
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Originally posted by Amorga: ↑

can't provide any clarity on that.

It appears at this stage energylink3 is owned jointly by C4V and GDS.

Now, MNS has an exclusivity areement with c4v, 10% ownership of C4V and approx 53% of iM3NY with C4V the other primary owner. I don't see the establishment of energylink3 going against this relationship.

As far as DOD, it is absolutely in their interest to have their supply contained and this company can ensure top secret production. This would not be possible in a factory supplying multiple parties. This can help secure the contracts also.

No idea what capacity would be required for production of DOD, but from the presentation there appears to be qualification of products through 2021 and I don't expect it would be a significantly large contract at this stage.

I guess we'll have to call Shailesh to find out more, give Frank a buzz or just wait and see?

Maybe one of the other LT holders may know more? Trommel?

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thanks. I did phone a few months back asking this exact question. frank (Giordano-who is now not there anymore) said FP would contact me as he couldn't answer. no reply... maybe I should phone again.

MNS Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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