MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: NY Lithium-ion Battery Plant Update Binding Sales Increase, page-18

  1. 67 Posts.
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    I particularly like this part:

    “We are encouraged by the progress at the New York Lithium-ion Battery Plant which remains on track for semi-automated production
    this year.”
    “It is of note that the iM3NY team continues to work diligently in making savings and the project is currently under budget.”

    Key points - Project running on schedule and UNDER budget.

    This should negate any fearmongering about MNS needing to dilute shareholdings for further capital on the NY project.

    You know who you are

 
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