MNS 0.00% 4.2¢ magnis energy technologies ltd

I agree Wil007 though I d like to see Bell sending a correctum...

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    I agree Wil007 though I d like to see Bell sending a correctum to their clienst in reference to their follwoing point contained in the recent report :

    - The Nachu PFS contemplated a US$171m capital project (including a 10% contingency). The PFS highlighted significant opportunities for improvements in capital costs. We expect the BFS due mid-2015 will refine this estimate and include potential CAPEX savings. MNS announced on 2 March 2015 that it has signed a project financing MoU with SINOMA. As project financing discussions are preliminary, we have assumed a funding mix of 70% debt (project finance) and 30% equity, and estimate that MNS will require an additional $82m in equity in 2HCY2015.
 
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