MNS 0.00% 4.2¢ magnis energy technologies ltd

Hi Bluey, to answer your question, yes it will. And I have no...

  1. 3,217 Posts.
    lightbulb Created with Sketch. 67
    Hi Bluey, to answer your question, yes it will. And I have no idea what will happen to all this graphite. There are theories that it may be used as a combustion fuel, but I dont think anyone has really thought that fare ahead.

    Falling coal prices have killed the possible combustible fuel uses of any excess graphite should syntheitcs win the race so to speak.

    Thats why Im bearish on MNS. I thought it would be trading about 13 cents by now but i was wrong, it rallied back up to 21 cents. I still think it may go bankrupt without a CR very soon, despite the howls this may evoke from the diehard bolders here.
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.