Thanks Zino. I did start a thread two weeks ago which said it...

Thanks Zino. I did start a thread two weeks ago which said it was $200million worth of equipment. Thanks for the confirmation. Well that is if they bought it new. Some of it has not even been used they have said and most is like new as they did not make many batteries. I supposed the Russian fellow installing fertiliser specialists into management roles would not have helped.

Lucky for us we have some the the top battery people in the world on our board.

Makes you think how much dilution did we saved buying this equipment. I would say a few hundred million shares for our part of the purchase will never make the register as we don't have to buy the equipment at full price. Damn our board takes care of its shareholders.

Wonder what other high tech battery equipment we could buy for cents in the dollar if the wrong management and concept makes them fail? I have a feeling we will be getting some good news this week.

Good to be a Magnis holder.