MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Appendix 3B, page-78

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  1. 1,971 Posts.
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    Oh go away. I'm well aware they've got $2 million in cash and $8 million coming in from their 92 million options. Enough to get them through 2017, IF THEY ALLOW the balance to get to $0 before seeking more funding. My bet is, once their cash balance falls below $5 million after May 31st, they'll be desperate to raise money. After that they're on the clock with nowhere to go but to the market for yet another round of lovely dilution.

    I've ignored your questions because I've covered all of this before. I can't re open the same old debate with every new poster who has questions about my view. Go back and look through my old posts if you care so much about what I think.
 
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