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4.2¢ magnis energy technologies ltd

Ann: Magnis Signs Offtake Agreement, page-66

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Jchandel

175 Posts.

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21/02/23

11:01

Post #: 66366966
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Originally posted by TheBigDance: ↑

There are going to be profit takers - nearly 20% is nice profit so we are going the see the SP jump around a bit. You’ll see the bots come out trying to force it down but it will settle and continue to rise over the coming weeks IMO - we have coming up
- certification = income
- Nachu funding deal
- IM3 expansion funding deal
- site selected for AAM and then funding deal
- US loans and grants
- while quietly dealing away is C4V with gigafactories in India, Australia, UK, Central & Eastern Europe

secured offtake partners at a fixed price helps secures funding - we will see $52M from conversion of oppies and I’d say the grants were waiting on something like this announcement. Let those trade trade but you gotta be confident as a long term holder moving forward

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great news, this company has an awesome future it seems. I however feel that there should have been more information on the next steps for Magnis, I.e. timeline to build the plant, funding arrangements etc.
funding based on this announcement should not be a problem, so hope we get more information from the company soon.
GLTAH.

Last edited by Jchandel: 21/02/23

MNS Price at posting: 44.5¢ Sentiment: Buy Disclosure: Held
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