MNS 0.00% 4.2¢ magnis energy technologies ltd

General Discussion Topics, page-6

  1. 1,616 Posts.
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    I think NY funding would have to stay with NY, unless that entity decided to invest in Nachu to help secure its raw material supply.

    Nachu could require US$70-260m based on AGM chats with the Tanz project manager Rod Chitterdon, depending on whether they decided to start with a 60ktpa or 240ktpa plant, or somewhere in between. I got the definite impression they were exploring all options.

    That was as of Nov last year, so things may have hopefully solidified and progressed since then.
 
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