MNS 0.00% 4.2¢ magnis energy technologies ltd

Universaltrader how do you know we need $300 million for the...

  1. 697 Posts.
    lightbulb Created with Sketch. 176
    Universaltrader how do you know we need $300 million for the plant? Did you read the announcement regarding the battery making equipment? $200 million worth of equipment picked up for $5 million.

    How do you know Magnis can't do it again? IMO there is a Mozambique graphite operation that could go belly up within two years. Over $200 million spent there as well. Could we do it again and nab it for $5 million. And for the kicker the equipment will be as new as well. Pretty sure Magnis would be keeping their eye on the quarterly's there as well as all the breakdowns.
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.