MNS 0.00% 4.2¢ magnis energy technologies ltd

Recently come across this stock after listening to Alan Kohler's...

  1. 13,940 Posts.
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    Recently come across this stock after listening to Alan Kohler's Interview with MNS Executive Chairman, Frank Poullas.

    Interview Link: (Click Here)
    Published Jan 25, 2021 10:48 AM

    So i thought it would do a small-write up for those wanting to get a quick introduction about MNS as there is quite alot to sift through... I will of missed thing's for sure so please DYOR & I would love for others to chime-in to add anything I've missed!

    Frank Poullas, State's in the Interview:
    -New York Plant Is their Flagship Project
    -Aiming to produce revenues by End Of Year
    -Once funding completed which he expects to be completed in the next ~4 weeks, they will be the 2nd largest plan in the US, Within the list of Top 10 Plants in the World
    -Funding required he said he's thinking there will be atleast one marquee name who will be coming in as an equity investor, who will be using these batteries & be an off-taker of theirs
    ----The way he has said 'atleast one' leads me to believe several big names could be in discussions here?  Let me know your thoughts to this (Refer to Interview 18:35 Mark)

    I think there is a compelling story here & what look's to be a potential major player in the battery space if all goes well.
    -Link to presentation here, which these snippets were taken from: (Click Here)
    -They have Anode & Cathode patents across 35 countries (Pg: 12 & 13)
    -They have Shared Ownership In Plant Equipment Already Paid ~$5M USD, 18months prior the people they acquired it from spent ~$210M
    (Current Model & Same Machinery Used By Anybody Producing Batteries, mentioned in the Interview)


    Magnis Vision.jpg

    Target Markets:
    -Energy Storage
    -Transportation Auto Industry

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    -What's also interesting to note is Prof M. Stanley Whittingham Is On The MNS Board.
    -MNS Board Of Directors (Link Click Here)
    Professor Stanley Wittingham was Inventor of Lithium Ion Batteries

    "Professor Whittingham has over four decades of experience in the Lithium-ion battery industry and is best known for being a key figure in the invention of the Lithium-ion battery technology"

    inventor.jpg

    -Their Plans for Australian Battery Plant
    -Announcement Link (Click Here)

    Aus Battery Plant.jpg


    -They have Fast Charging Capabilities Based On Tests
    -Refer to: 11th September Announcement : (Click Here)


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    Im sure i've missed alot but i hope this get's anybody doing research a quick introductory, From what i can see this looks exciting & if they do raise the capital and get into production there's huge potential here!

    Happy to be corrected anywhere i am incorrect, anybody wanting to chime-in on anything i've missed which im sure there is plenty! Feel free to post!

    Good luck all!

    -Please Note: This post is entirely my opinion only, my interpretation only and purely speculation... It is NOT to be used as financial advice by any means-
 
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