MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Binding Graphite Offtake Agreement Signed with Traxys, page-60

  1. 4,089 Posts.
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    Paying someone a 300k upfront marketing fee and then receiving 1.5 Billion in product sales over a 6 year period;

    IS THE SAME AS

    Paying someone $0 upfront and then receiving 1.5 Billion minus their marketing fee for product sales over a 6 year period.

    It is Very Very bullish that Traxys took their cut in Magnis Shares now. They know where the SP is going to be in 2024 when product is delivered.
 
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