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4.2¢ magnis energy technologies ltd

Ann: Project Financing and Offtake MOU Signed with ROSATOM, page-30

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swagman

2,487 Posts.

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30/01/17

09:58

Post #: 22207016
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Originally posted by Chrysalis ↑

Fantastic news. ROSATOM paid handsomely for Mantra's Mkuju River uranium in 2011; adjacent to MNS ex-Uranex uranium deposit (from memory) - was quite the talk 'of the town' at the time and despite Fukushima they proved good to their word. No knit picking or double dealing from ROSATOM as so many others would have done (given the nuclear meltdowns that had occurred).

So glad this isn't a Chinese deal and who cares what the end use will be. "Magnis expects to report on other offtake agreements in the near term". These will be for the battery producers. "...discussions entering into FINAL STAGES".

"2017 is set to be a transformational year for Magnis" ...you bet it is.

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careful what you bet on Chrysalis. the times are a changing.

wasnt chrysalis the bad guy in a bond movie?

MNS Price at posting: 80.0¢ Sentiment: Hold Disclosure: Held
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