MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-141

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  1. 274 Posts.
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    @sroyle

    "Pretty clear Magnis attempted to raise funds through CR which fell over."

    please eat your own humble pie..

    regarding your comments about "alevo equipments"

    we got the equipment at $5mil. not sure how much Alevo bought them for, but MNS got a bargain in my opinion.

    As previously announced on 22 September 2017, Stage 1 development for 3GWh of production at Huron Campus had an original CAPEX cost of US$130m. This current equipment acquisition now allows IM3NY to produce over 1GWh at a significantly reduced CAPEX cost of US$5M plus removal, re-engineering and reassembly.
 
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