MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Binding Graphite Offtake Agreement Signed with Traxys, page-93

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  1. 233 Posts.
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    Tanzanian govt can't hold this for long as it is big big win win for govt aswell. After this agreement it is confirmed there will be buyers or there are already buyers in the market through channel. soon the production starts soon govt will start getting royalties.

    delays should be only because of unforeseen reasons other should be smooth process.

    again as per announcement and tight time frame provide by company means they should be in final process for building plant and production.

    regarding finance it should not be issue because there is potential buyers in the market and world is moving to green energy and this is main component for green world. only issue with financer would be cost i.e ROI.
 
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