MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: US$52M Term Sheet Signed for New York Battery Plant, page-69

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  1. 179 Posts.
    lightbulb Created with Sketch. 40
    Even if the dreams become reality this stock is not going to make enough money to satisfy the market cap IMO
    Even if it manages to get a battery factory going it will still only make 5 million in profit after 2 years. IMO
    My estimate and I have posted that before is that it should be at 11 cents down to 5 IMO
    When it gets there, maybe count me in.
    The dream of what ifs is amazing
    What if the chemistry is so wonderful it takes over the world. Duh Have a look at what Tesla bought when they took over Maxwell.
    What if the graphite comes from the non-existent mine and makes it all ok
    What if the rest of the industry stays in one place and does not move forward
    What if all those other reports of billions in investment are overtaken by a startup with no expertise in manufacturing IMO
    Some players go to the extent of taking these whatifs and building sky towers.... how will we handle the volume of graphite from the non-existent mine.
    Wake up. The guys go down to the store room at the university and take a couple of shovlels from the bin IMO
    That is the level it is at IMO

 
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