MNS 0.00% 4.2¢ magnis energy technologies ltd

very cheap considering they have over $10M in the bank...and...

  1. 52 Posts.
    very cheap considering they have over $10M in the bank...and their supply the supplier strategy should come into play.

    I figure if they can get through feasibility quickly (should not be a big problem as they are not very deep below the surface) then production should, fingers crossed, come on stream as the Uranium price begins to rise. I think either JPMorgan or Merylls was forcasting a rise back into the mid $100s.

    I think this is a screamer of a buy.
 
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