MNS
Click for more information
0.00% 4.2¢ magnis energy technologies ltd

Magnis buys $200 million of battery making equipment for $5 million, page-31

  1. anf0
    1,971 Posts.
    lightbulb Created with Sketch. 187
    clock Created with Sketch.
    08/02/18
    13:38
    Post #: 30916705
    You need to read the announcement. The $130m is for 3GW of production. This $5m only covers equipment for 1/3rd of that amount. They still need to come up with 2/3rds of the original capex ($86 million) for the other 2GW just to meet their stage 1 requirements.
    MNS Price at posting: 43.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

    3. This thread is closed.

    You may not reply to this discussion at this time.

 

Featured News

3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
ABY Adore Beauty buys up wellness brand iKOU for $25M cash
right-arrow Created with Sketch.
SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
RMS Ramelius boosts WA gold portfolio with stake in Spartan
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
(20min delay)
Last
4.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $50.37M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
MNS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.