Thought it might be worth adding some additional detail to this...

Thought it might be worth adding some additional detail to this thread primarily to close out the wildly incorrect statement below made by Rajiv2021.

"Rajiv2021 - Remember MNS battery technology has no major commercial production track record"

The above statement couldn't be further from the truth. Below are a couple of annoucements which debunk the comment above. Not sure if the ASX links will work for everyone though.


15th May 2019 - Batteries supplied to Martac and Commercial agreement entered into with IM3

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2995-02105742-2A1149460?access_token=83ff96335c2d45a094df02a206a39ff4

More details around the order and relationship with Martac covered in the entire Doc above.





3rd February 2020 - Another Significant Commercial order for Martac

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02198514-2A1200463?access_token=83ff96335c2d45a094df02a206a39ff4

More details at the link above covering also covers projected charge/discharge life of 11,000 cycles. Up to a 30yr lifespan with a daily charge/discharge.



For all the newish investors in MNS just be careful what you believe from certain HC members (and recently an Aussie Newspaper) constantly sprouting negative comments and false information.

Do your own due diligence by reading all past announcements particularly on the cell chemistry development/cycle testing/fire safety testing and the New York Gigafactory planning/funding/construction progress to come to your own conclusion.