At the end of the day even with what I even thought was not a great announcement we still finished green by a few pips. Amazing. Most stocks in battery/ metals space in my watchlist mostly red today. Magnis bucking the trend for the last week.
Even sweeter is Magnis sp rising since the last David Ross article.
Whats going to be even sweeter is the haunting he will be receiving once Magnis announces the news which they have said is coming shortly.
Look at the AAM announcement. They don’t say they are pleased like most of their other announcements. No they state they are EXCITED. You don’t announce excited if it is a distant announcement. Imo it’s this month. Who will they be supplying? Imo one of the big boys. Seriously why would Mona come all the way out here a week before Xmas unless it was something spectacular. You could tell in her interview which I got to watch she is supremely confident that something big is about to happen.
And what’s even better is the AAM plant will rely on Nachu graphite. Both the AAM plant and Nachu plant will be getting built at the same time and coming online at the same time. Magnis has basically said all this in their announcements. We just need the final news and watch the sp rocket.
As for Mr Ross have you seen anything sadder. One like from a fellow AustralIan reporter. And then a reply to his own post which had no attention at all. An irrelevant journalist who has sold his sole to a higher power. Did he think today todays post would justify his first crappy article? Embarrassing.
MNS Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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