MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Quarterly Activities Report, page-7

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  1. 1,595 Posts.
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    Just to follow on from this, from my personal experience, in order for them to be producing batteries by the end of 2019, they’d need to be in the VERY late stages of factory fit out right now. Almost production ready.

    Keep in mind they haven’t even locked down supply chains yet. We don’t even know where the majority of their raw materials and/or components are coming from. There haven’t been any announcements about deals made relating to this.

    This is is so early stage it’s not funny. You’re being sold ridiculously ambitious targets. End of 2020, maybe even later, mark this post.
    Last edited by anf0: 31/01/19
 
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