MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Magnis Signs Offtake Agreement, page-184

  1. 668 Posts.
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    The Telsa deal hasn't changed anything nor did the Traxxy's deal (although there's freebies to the latter no matter what)

    The company needs to move Nachu along faster and the market is doubtful this will happen.

    Not entirely sure how long MNS has owned the Nachu tenements but ive been in since 2019 and they haven't been able to get funding for the 'worlds best graphite' - which remains a concern.

    The recent interviews whereby the director was saying all funding avenues are being considered doesn't exactly instill confidence IMO.

    Would've been nice to hear the words to the effect of ' we have been working to this outcome for years and are well placed to make a final funding direction decision based on the best interests of the company's shareholders'
 
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