MNS 0.00% 4.2¢ magnis energy technologies ltd

Production timeline, page-58

  1. 1,193 Posts.
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    It is important everyone to be patient with timelines and SP. MNS unlike other stocks is not promoting/ramping their stock prior to events such as CR etc. The other misleading effect of the share price is the market capitalisation. Many brokers and investors use this as a measure of the value of a company. It is not. It is simply the price of the last share traded multiplied by the number of shares on issue. So if someone sells 10 shares at the bottom of the market at a low price on a Friday afternoon, it is meaningless to attribute one person’s exit decision to the value of the entire company. Most importantly in the case of MNS - the true value of a company is its income generating ability, or its future income potential. Sentiment rises and falls with the market waves but our assets have generally increased in potential value over time, the commodity looks like having a future demand increase and the value of MNS will increase as we add to the resource, advance the permitting and de- risk the future.
    A share in MNS is not a betting ticket. It is an investment in a seat on the bus to building a new mining company. We drive slowly and carefully as we want to ensure the bus does not get hi-jacked along the way. As on all long journeys, some will ask 'are we there yet?', and the driver will reply, 'not yet, but we are getting closer'.
 
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