MNS 0.00% 4.2¢ magnis energy technologies ltd

10% contribution has to happen before commitment from Sinoma. I...

  1. 163 Posts.
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    10% contribution has to happen before commitment from Sinoma. I guess the company was trying to ask for up front payments from new off takers without success, but manage to obtain equity investors either from institution investors,off takers or corner stone investors for its 10% contribution in the project.
 
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