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4.2¢ magnis energy technologies ltd

Relocation-is this an issue, page-80

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Matt D

985 Posts.

91

25/11/16

20:42

Post #: 20901098
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Originally posted by SugarKing ↑

Compensation component??

Old news?? I'm sure the market is really well versed on this one....... Never seen it ever mentioned in a company announcement or presentation. FRANKly I find this totally misleading.
I have been slaughtered because of community issues like this in both Africa and South America in the past.

I'll guarantee you one thing Trommel and that is no matter how poor or isolated these "farmers" are they all have access to the internet and over the past 18 months of "progress" as you call it they have no doubt seen the market cap of MNS go from sub $100 mill to $450 million. In my book they have 4.5 times the motivation to hanker a better deal.

How could anyone buy this with $450 million in market cap and the future is based on a few farmers?

I'll go back to my thread "what's gone wrong?" well here is the answer IMO.

IMO that's why there's been no western off take and that's why there is no meaningful western money hit MNS land.

Sorry Trommel but if you think this isn't an issue I think you're sorely mistaken.

GLTA (you're going to need it)

sK.

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Last edited by Matt D: 25/11/16

MNS Price at posting: 71.0¢ Sentiment: Buy Disclosure: Held
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