MNS 0.00% 4.2¢ magnis energy technologies ltd

I am a bit confused by the MC of this stock. IF the graphite...

  1. 56 Posts.
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    I am a bit confused by the MC of this stock. IF the graphite mine, which is owned by MNS, has an NPV of 1.6bln USD, and the Bankable Feasibility Study has already been completed to support this, why is the MC so low?

    This is only considering the graphite project, and not including the value the gigafactory will add.

    Thanks for you answer(s) in advance and GLTA - considering buying
 
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