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Is Santa is locked and loaded?, page-13

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Amorga

328 Posts.

63

07/12/18

12:40

Post #: 36784025
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Originally posted by SteveSage: ↑

Worksburger
You are absolutely right that Frank & Co have indicated that announcement on new gigafactories, NY financing and Nachu financing are all imminent & due this year. Arguably they have 10 working days to deliver (I can't see anyone agreeing to what would be major agreements in the Xmas-New year period), so lets see what happens...a big christmas present or another pair of socks to add to the pile we get regularly from MNS .

If it's the financing side, IMO it's unlikely to be any more than $5m......well short of at least $100m to get serious about either NY or Nachu, so I'd wager, the announcement will be another random thought bubble about opening a gigafactory in (lets say) timbuktu because ??!! (sorry I can't understand the reasoning for Townsville or NY, so will have to leave it to the marketing department at MNS to come up with the normal spiel on another gigafactory announcement)

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I thought I read in the annual report that development on those things are expected in "this coming quarter", not this current quarter. So wouldn't that be prior to end Q1 2019?

MNS Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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