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4.2¢ magnis energy technologies ltd

Yup! too many questions.....Too few answers:rolleyes:

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cazz69

10,002 Posts.

544

22/11/17

20:02

Post #: 29034359
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Originally posted by mondrian ↑

It's not about abandoning this or asserting that. It is about transparency and level of detailed information. And there is not enough of it. If the tech from c4v is so grand, what are the details, specifically, is it ready for production, how does it scale is it consistent, how close are they to production ready. Is it just in a lab? Then there is the tech itself, how unique is it are others doing the same? Then there is the question of expertise. What expertise is there? Runs on the board with building and running a factory? In some ways building a battery factory is closer to building a biscuit factory. Supply chains, distribution, experience with assembly line and factory maintenance. None of that is called out. Then the mine. Yes it is still there, but what is going on, has anything moved from the last announcements about relocation of people? What is the plan? Then the fundamental Net Asset Value per share (NAVP). 13,000,000 in assets. 550,000,000 shares. Fine it is a spec stock but it is way above the NAVP figure. Go for it if you want, but do so with eyes open.

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Yup! too many questions.....Too few answers

MNS Price at posting: 41.5¢ Sentiment: None Disclosure: Not Held
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