MNS 0.00% 4.2¢ magnis energy technologies ltd

Further potential offtakes, page-12

  1. 17,843 Posts.
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    Hi Zinzo, well how come the investor presentation that came out with the BFS says

    "Signed offtake agreements with Chinese customers
      • ― China National Materials Industry Import and Export Corporation (SINOMA) (80ktpa) – 5 year term, flake graphite

        concentrate, market pricing

      • ― Sinosteel Liaoning (100ktpa) – 10 year term, flake graphite concentrate, market pricing "


        Surely if what you are saying is correct they should have said something along the lines of "as our product is too good we will no longer be honouring our off take commitment to our existing two valuable Chinese off take partners, though we would like to thank them for being first to sign and perhaps look forward to dealings further in the future"

        Though I don't see anything like that mentioned.
 
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