Magnis 10% share in CV4 - asset value now zero. Magnis 73% share Im3ny asset value now zero. AAM plant was another fairytale. What’s left, not a mine but a mining lease on tenement in Africa, 260km away from closest sea port. Purportedly requires US$360m to build the infrastructure. With the current oversupply, new deposits discovered around the world incl Australia, the commodity price will keep dropping due to the glut. But!! for $4.6m some smarty’s can maybe transfer this nachu thing into another vehicle and sell the ‘dream’ under a different entity. As it’s exhausted it’s purpose here, you might see it on another stock exchange with name change from nachu to No-chu
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