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4.2¢ magnis energy technologies ltd

it's majority of battery made for the year (as said in the...

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oilman01

5,649 Posts.

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31/10/23

10:50

Post #: 70635013
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Originally posted by superdeep: ↑

The Tanzanian Resettlement Village will require a large battery to support the green energy
requirement for over 50 households which currently possess solar. It was decided the project has
the potential to showcase IM3NY’s capabilities through the provision of a large plug and play energy
stationary storage battery that will offer substantial social impact to the local community.

QUARTERLY REPORT
IM3NY will use the majority of the cells currently in storage for this project. A $464,000 inter-company
transaction was undertaken to facilitate this transaction, as noted in the Appendix 5B.

= we pay ourselves to give a community half a million dollars worth a of batteries nobody else has bought we have in storage.
made form lithium and graphite we haven't mined or disclosed how much we paid for it.

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it's majority of battery made for the year (as said in the announcement) so figure it out how much batteries was made so far given how much was spent on.

MNS Price at posting: 6.8¢ Sentiment: None Disclosure: Not Held
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