MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS have owned Nachu for many years.. The recent announcement...

  1. 142 Posts.
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    MNS have owned Nachu for many years.. The recent announcement states that equipment for large Scale pilot plants for both AAM and Nachu have been ordered. Why would you order equipment if you were not confident of some sort of funding arrangement happening. How do you pay for this equipment, perhaps from Cash at Bank or some sort of revenue! Not sure of the CAPEX required for a couple of Pilot Plants but wouldn't be nickels and dimes! I would like to think MNS have a few funding options for Nachu and AAM on the table for consideration.
 
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