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0.00% 4.2¢ magnis energy technologies ltd

Fascinating. A few ways to look at it: - The price of an average...

  1. Riskon22
    1,616 Posts.
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    22/03/18
    17:03
    Post #: 31957321
    Fascinating. A few ways to look at it:

    - The price of an average NCM EV battery (60kwh) just went up $50 overnight
    - The cost of cobalt for a NCM 60kwh battery just jumped from $900 to $950 within 24 hours
    - The cost to produce 1kwh of NCM battery just went up 83c in one day

    To some these may not seem like a lot, but to NCM battery suppliers who are most likely battling with car producers over every cent and dollar, it is huge (imo).
    Last edited by Riskon22: 22/03/18
    MNS Price at posting: 46.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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