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4.2¢ magnis energy technologies ltd

Ann: Shareholder Update, page-125

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GT55

4,590 Posts.

1557

24/05/24

14:25

Post #: 73995410
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Originally posted by reek167: ↑

I don't think Frank would be that stupid but you never know. There has been some wild accusations and looks like we are getting close to getting some answers

To be reasonable about the situation I don't think Magnis was a scam from the beginning. I think they set out to succeed but along the way things seemed to get out of hand and the technology didn't work and instead of being up front about it, they lied and tried to cover it up. If they told the truth retail shareholders like myself could have got out at a loss instead of doubling down on false announcements and loosing more money. For that alone Frank and Co deserve to loose everything. The contempt they have had for retail shareholders is unbelievable. The best remaining shareholders can hope for is accountability for the perpetrators and this not to be dragged out so shareholders can write off the loss sooner rather than later.

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Do you still believe Nachu is the biggest best graphite deposit in the world with how many non binding contracts for how many hundreds of thousands of tons?

MNS Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
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