MNS 0.00% 4.2¢ magnis energy technologies ltd

December, 2014 Two BINDING offtakes were signed with Chinese...

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    December, 2014

    Two BINDING offtakes were signed with Chinese parties, the aggregate amounting to 180,000t p.a.

    They haven't been cancelled folks and will account for 75% pa production.

    Cash margin assessed at US$1,600 per tonne and capital payback only 1.4 years.

    The project will start mining early 2018.


    So sick of hearing that MNS has no offtakes when they do.


    Happy Christmas and New Year all and stop fussing over the imaginary.
 
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