MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Trading Halt, page-53

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  1. 3,529 Posts.
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    slogger

    yes, the supply to the factories can't be held up, which means a new mine aquisition makes a lot of sense, but it would have to be one nearing production, and of course owning the beginning of the supply chain is even more sensible.

    Battery producion at Gb capacity at the NY factory is expected later next year, so that gives enough time for a reasonably advanced mine aquistion to produce. I havn't even began researching Germany yet.

    Personally, as I havn't entered yet and am getting a bit anxious when I saw the price rising last week, so hopefully the CR might cool things off again, I'm afraid to say with the intetest of holders in mind. But something tells me this is going to be one hell of a good CR opportunity.
 
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