MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Manyoni Uranium Project PFS Update , page-18

  1. 1,463 Posts.
    I can tell all that the rights issue was heavily oversubscribed.

    The last Board and Dr Cottle knew nothing about business, hence why they were removed. They had every intention to continue to drill out and expand the Manyoni resource.

    Neither Manyoni nor Itigi should be the focus with their grades as they are TODAY. The market won't support it.

    The new Board have not popped up the price and you will note that all the major shareholders / directors were excluded from the additional shares.

    These guys are now doing things right.

    They are drilling where they should, grades are high and already reported as so.

    They are leveraging their relationships of the new board to bring in additional capital.

    They are giving shareholders are win fall.

    Please, what more can anyone expect. Talk of the past is as waste of time and energy, one only needs to look at what is occurring today to know this is heading in the right direction.

    All negative news is out of the way, get ready for a run of positives..:)
 
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