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4.2¢ magnis energy technologies ltd

The pros and cons of MNS., page-2

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TopSahara

7,499 Posts.

491

13/09/23

09:59

Post #: 69836584
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Originally posted by MNSFan: ↑

Some pros and cons of investing in MNS IMO are :

PROs

1. It has a part ownership in a large battery producing company in New York that is already producing batteries for sale to a huge market.

2. It has ownership of land in Tanzania with proven reserves of very high grade material that can be used in battery production.

3. A strong management Tesm at MNS is led by Frank Poullas who has 'skin in the game' (holding over 13 million sh beenares and he's beem buying more on market over many years)

4. The SP was 6 cents a few years ago and rose to over 75 cents....the company is now far more advanced than it was then. Its at year lows now.

5. Lots of posters on HC that are non holders post negatives of the stock...why do that unless you want to panic holders into selling ?

CONs

1 The company has not yet released evidence of sales of its batteries to the market...it needs to show the market it is income producing.

2. Tanzania is a difficult country
to do business in and get funding for mining activity.

3. There has been negative press in the media vabout MNS.

Expand

Hurting are we sunshine.

5cents IS in the pipeline.

MNS Price at posting: 7.7¢ Sentiment: Hold Disclosure: Not Held
6 Upvote

0 Great analysis

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