MNS 0.00% 4.2¢ magnis energy technologies ltd

Interesting point there Uni. The feasibility thing. Waiting for...

  1. 697 Posts.
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    Interesting point there Uni. The feasibility thing. Waiting for the quarterly from a producing graphite company in Mozambique which imo will be selling their graphite at half the price they stated in their feasibility study.


    Low average cash operating costs of US$286 per tonne. Sale price of $1000 a tonne That was three years ago.

    Target cash operating costs < US$400 per tonne by end of 2018.

    Now that is targeting. Let's see what it is and why in the quarterlies

    Plenty of articles on why Alevo went belly up. I don't think it had anything to do with the batteries. More bad management and outside influences that did it for them.

    Anyway two more weeks till we see what is happening.
 
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