"""Magnis will only start generating revenue when Nachu is up...

First 1048 Last

Share
Profile

Follow
TopSahara

9,649 Posts.

976

17/06/23

08:36

Post #: 68335846
Share

Originally posted by Jamestaylor1001: ↑

Some of my thoughts post-certification

MNS won’t be able to touch any profits from iM3NY because the money needs to go back into the factory. This is usually what happens for any start up. iM3NY will need the money for expansion and to pay down loans.

That means MNS will need to raise money to keep their lights on. They could do another capital raise (which no one wants) or get a loan from a bank (or government) to fund AAM and Nachu. My guess is they will go with a bank loan, which won’t be difficult because they can use their stake in iM3NY as collateral.

With that said, it seems Magnis will only start generating revenue when AAM and/or Nachu are up and running. If we use the timeline from the Tesla agreement, that will start in 2025 (assuming NACHU starts generating revenue around the same time).

If these assumptions are correct, this is a long road to profitability for MNS. It’s a huge risk betting on MNS, which is why the SP is so low in my opinion.

But I’m very bullish because MNS’s assetts (iM3NY, AAM, and Nachu) are extremely valuable in the energy transition. Not only are they valuable, they are critical. There’s also massive government incentives for companies like MNS to succeed in the market. The tailwinds are huge and iM3NY will provide valuable collateral along the way if MNS needs more funds.

Expand

"""Magnis will only start generating revenue when Nachu is up and running."""

Then you have one hell of a long wait if you think that is ever going to happen, it will take CR after CR to pull that off.

Last edited by TopSahara: 17/06/23

MNS Price at posting: 17.0¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

AII

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

Monday's HotCopper trends: DroneShield contract, Vection pilot order | June 30

FCT

FirstWave inks $400K deal with Dominican Republic major telecom

EOS

Two defence stocks, two $60M deals – why EOS shares are going up

First 1048 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(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

"""Magnis will only start generating revenue when Nachu is up...

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

Monday's HotCopper trends: DroneShield contract, Vection pilot order | June 30

FirstWave inks $400K deal with Dominican Republic major telecom

Two defence stocks, two $60M deals – why EOS shares are going up

Featured News

Featured News

"""Magnis will only start generating revenue when Nachu is up...

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

Monday's HotCopper trends: DroneShield contract, Vection pilot order | June 30

FirstWave inks $400K deal with Dominican Republic major telecom

Two defence stocks, two $60M deals – why EOS shares are going up

Featured News

Featured News