"There hasn’t been a single shred of financial data provided by Magnis (or its consortium) for the iM3NY gigafactory for the market to analyse ..." - maybe due to commercial in-confidence discussions or alternatively keeping it all close to their chest. Only entities they would likely disclose that to at this juncture are potential investors of the large kind. Lets face it their business plan has been copied by another so by keeping ones cards close to their chest is nothing new in this field.
"Making essentially a blind investment in a company that plans to enter the ultra-competitive battery manufacturing industry would seem more like a gamble than an educated and calculated investment." - no doubt those looking to invest here would not be making a blind investment and will have access to commercially sensitive info that we are not privvy to at this point. so I need to disagree with your comments unless you are referring to the ordinary investor (like us) in which case you may have a point - but realistically that's what you are doing over yonder as well!)
yep got the popcorn will be interesting one way or the other)
MNS Price at posting:
35.5¢ Sentiment: None Disclosure: Held
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(20min delay)