MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Agreement Signed With SIEMENS, page-5

  1. 10,912 Posts.
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    Another ambiguous announcement by MNS.

    So what are the terms expressed in this Letter of Intent?

    Let me guess...

    "If this company actually makes a factory, IM3 will be pay SIEMENS for its product at the usual commercial rate."

    That's the only rational result in this and it's really not that exciting.
 
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