MNS 0.00% 4.2¢ magnis energy technologies ltd

If we were to hire a CEO today, would we hire Frank?, page-286

  1. 5,862 Posts.
    lightbulb Created with Sketch. 522
    MNS is in production so it's essential to see them selling battery. It's logic and simple. It's the promise shareholders waiting for since Aug 2022 and after $100m burnt. Punters should also want to know who they are selling to and at what price. The factory got to be profitable on its own right, not relying an expansion or on Fed fund or other fund. If they come with the conclusion that this 15,000 cells per day is not profitable and need to expand to whatever the number of giga they said, then watch out for more pain. Also I am interested to find out from the quarterly on government subsidy. I understood from one of the emperor's interview that making battery in the US would attract some kind of subsidy, where do I find it?
    Last edited by oilman01: 01/08/23
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.