MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Townsville Project Feasibility Study Update, page-7

  1. 67 Posts.
    lightbulb Created with Sketch. 52
    Thanks for that @kingofhell

    A few key points that stuck out to me:
    • Will be using Magnis mine in Tanzania - this should expel any rumours that we will not be progressing with the mine
    • Plant to be ready mid 2022 or beginning of 2023, with feasibility study completed at the end of September this year
    • Ideas from the plant being constructed in NY and lessons learnt from that will be invaluable for the bigger plant
    • Risk averse move by not being constrained to working with Chinese companies and the tariff wars that have been seen over the last 18 months

    All imho
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.