MNS 0.00% 4.2¢ magnis energy technologies ltd

There is a difference between machinery braking down and you...

  1. 697 Posts.
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    There is a difference between machinery braking down and you braking the machinery down.

    I was invested in a company that speced the wrong machinery. By the time they got it all right the price of the commodity they were mining crashed and they went bust within 14 months. $20 million of machinery. Was sold layer in a fire sale for $600k. That is why I say Magnis could pick up a certain Mozambique graphite miners equipment for cents in the $ in the future. Some would say it is impossible but look at Alevo.
 
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