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4.2¢ magnis energy technologies ltd

Like I said there are many of these new technologies out there....

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v8man

171 Posts.

13/05/16

17:21

Post #: 17762760
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Originally posted by Names little ↑

Hi V8man, yeh just read it again and noted the following benefits

UltraCharge technology breakthroughs include:
o Rapid charging: includes smartphones, tablets, laptops, electric vehicles and medical devices

Enhanced safety: avoid thermal runaway. No fires

Cost efficient: low cost materials

Enhanced battery life: 20 years

Rapid integration into current production facilities "

So that last point re rapid integration could be interesting, I suppose it's like MNS with its disruptive technology, it will probably take a while to be tested etc, so if this other stuff is better then perhaps it will be difficult for us to make that break through and then also are Financiars going to throw money at us if we may become obsolete in the battery space say in five years time?

Note: I don't hold LTX, yet anyway.

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Like I said there are many of these new technologies out there. They only highlights the good points. Bad points aren't talked about because they all need massive funding to prove themselves. Many of them only have 25% of the usage time that current batteries have. They will get there one day.

Good that you raise this question now. It was the first question I asked my mate when I got interested in MNS.

Last edited by v8man: 13/05/16

MNS Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
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