MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Shareholder Update, page-21

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  1. 674 Posts.
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    Man what assets ?

    IM3NY is held by the incumbent financiers so no assets there.

    The Nachu tenement licence will be conditional on the entity being a valid company - Mns declare BR then that would default also.

    the only assets they would be stuck with is a tonne of liabilities imo

    that’s the only reason they keep extending this loan is the Directors got more money out of key investors in the hope they could do a deal an get some return on their significant holdings - now they just in a loop. That money is Goneski imo
 
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