MNS 0.00% 4.2¢ magnis energy technologies ltd

Purity drives a Premium - Macquarie Research, page-2

  1. 1,463 Posts.
    lightbulb Created with Sketch. 460
    Yes, the usual unicorn graphite fluff comprehensively covered but none the wiser as to when customers will sign up:
    "We understand that MNS has engaged in off-take discussions with a number of potential off take partners and end-users although no formal agreements have yet been reached. We believe that securing project funding will be a key catalyst in the off-take process."

    In fact, you could interpret this statement as MNS need funding prior to any off-take deals.
    Blue Ocean prefer 'chicken' then 'egg' but Macquarie Research prefer 'egg' followed by the 'chicken'.
    Jeez, is it off-takes first then finance? Or finance first then off-takes?

    You simply can't make this stuff up....
    Last edited by sroyle: 21/09/16
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.