MNS 0.00% 4.2¢ magnis energy technologies ltd

All progressing nicely, on track to kick off production in late...

  1. 14,881 Posts.
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    All progressing nicely, on track to kick off production in late June.

    "Overall project completion rate is at 72% at the end of April and on schedule to begin
    production late next month.

    The completion rate is expected to be in the vicinity of 80% when fully automated production
    begins
    . The remaining 20% includes some cosmetic changes to the factory, minor works to
    an internal office area and the ramp up of production."
 
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