MNS 0.00% 4.2¢ magnis energy technologies ltd

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    something to ponder. We are at the pointy end of this business succeeding due to huge cash output and nothing coming in. Many companies fail at this stage (britishvolt being the most recent). We are extremely lucky we can raise cash due to future outlook of company and SOI are still not astronomical - just over a billion is fine. Can AAM be hugely profitable - Yes, can Nachu be hugely profitable- yes. Can IM3 be hugely profitable- yes, can C4V tech be hugely profitable - yes. I’m willing to continue to invest as I believe upside far outweighs downside and f they deliver on all verticals this will be a behemoth of a company- question is can they deliver and I believe they will as they have been to date - yes delays and over budgets why the capital raise but that’s not unexpected at the stage they are in - I personally believe they have exceeded to date as many new startups in this sector don’t even get to full manufacturing stage - they just got to pull up on setting timelines in announcements that most likely will be delayed afor myriad of reasons. Look forward to showing TS my bigger boat in a few years time AIMO
 
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