MNS 0.00% 4.2¢ magnis energy technologies ltd

Undervalued, page-2

  1. 18,483 Posts.
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    UK i agree mostly in what you say . Yes we have capacity to increase by around 50k tons But there would be no rush by directors.we would have the upper hand in deciding who the contract is to given to. The dir did mention in the last ann that parties were looking at our other assets must be U3O8 . I agree with you lets sell the asset plus issue the remaning 19m shares under placement capacity to a corner stone investor..I thing that before they move on these thay want to see the the Formal Mining Licence issued and Finance contract signed .Im sure that our finance partners will want us to have the 10% before they start contruction. Also remember that we will be using the graphite from the sale to pay our Offtake partners to clear the debt. I think it would be in there interest to have this project run smoothly on time and budget No Brainer . I reckon many will be saying in a years time how they had the opportunity to buy at these prices but did not patience
 
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