Australia's largest stock trading and investment forum Australia's #1 stock forum

MNS

Click for more information

0.00%

4.2¢ magnis energy technologies ltd

Doctor, IMO Magnis challenge is not "who will they compete...

First 36 Last

Share
Profile

Follow
obladiblada01

534 Posts.

10

19/11/17

17:24

Post #: 28931060
Share

Originally posted by DoctorFouad ↑

Summary

World demand for natural flake graphite is growing rapidly, driven primarily by its use in Lithium-ion batteries.

However, supply is also about to grow as a large mine in Mozambique begins production.

The market will be oversupplied temporarily, but there is scope for new production in the higher flake sizes.

"The graphite space is very crowded, there are nearly 200 companies with identified deposits in various stages of study. The ones that succeed will probably be the ones that can produce the high flake sizes, that do not compete with the giant Syrah mine."

Expand

Doctor, IMO Magnis challenge is not "who will they compete with", but rather "Will they be able to enter the competition at all?" They need to finance Nachu asap IMO.

MNS Price at posting: 48.0¢ Sentiment: None Disclosure: Not Held
10 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 104 more messages in this thread...

First 36 Last

Add MNS (ASX) to my watchlist