MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Magnis Raises A$4m in Placement, page-145

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  1. 7,432 Posts.
    yes apparently the gov't free carry "bit" can kick in some years AFTER production starts.
    Kind of a "tax free" holiday to aid in recouping start up costs, an incentive sort of thing so don't think that the MDA is the hold up on final financing go ahead.
    I find this sudden "urgency" for more "western" offtakes a bit disconcerting.They can only be for relatively minor kts compared to 180kts already. Being in Actual Production could generate such offtakes of say 20/30kts . Even your Dragon SOE's could up theirs 5/10% ?They're real keen to get amongst your Jumbo, right? Why delay their satisfaction diddling round for 20kts ?

    oh, oh but it might be from Tesla ? seems silly, a bit of a clown act.
    Anyhow you have $4million from the mates now at only a minor discount. MNS can't be shorted, not on Official Short List last time I looked.
    Any new names of Institutions in the Top 20 since cracking $100 mil Market Cap [undiluted] ?

    C'mon MNS the whole Graphite Sector is stalled at the Finance Hurdle. Gotta be a Break Out. Get ya Dragon Dancing shoes on or are they calipers? Zoom Zoom nix clip clop.

    cheers
 
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