MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: US$52M Term Sheet Signed for New York Battery Plant, page-99

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  1. 912 Posts.
    lightbulb Created with Sketch. 95
    There is a bit of unreality on the forum (like usual it seems).
    Logic like if we build and operate 1Gwh Gigafactory we only make $Xm profit.
    Clearly if we have scalable, performance battery plant, with massive growth in demand ahead, that'll be worth way more than the $Xm x Y. Should be a percentage of buyout price, including all assets and IP for a big player. Of course the market isn't convinced at this stage that iM3 and MNS will make it, and may not stop discounting until just before commercial production is declared.
    Also, material suppliers dream of becoming vertically integrated. MNS can do it at leisure with Tanz, either as processor or processor/miner. Importantly removing any doubt about long term material supply for the Battery Plant.
    On top of that we've got multi jurisdiction factories going through early stages, giving good expansion outlook.

    magnis plural of magnus
    https://en.wiktionary.org/wiki/magnus#Latin
    From Proto-Italic *magnos, from Proto-Indo-European *m̥ǵh₂nós, from *méǵh₂s (“great”. Confer with mactus. Cognates include Ancient Greek μέγας (mégas, “big, large”, Sanskrit मह (mahá, “great, mighty, strong, abundant”, Middle Persian ms (meh, “great” (< *mas) (Persian مه‎ (mih)), Avestan -‎ (maz-, “large”, Tocharian B māka (“large”, Hittite [script needed] (mēkkis, “much, many, numerous”, Old Armenian մեծ (mec), Old Irish maige (“great, large”, Albanian madh (“large” and Old English micel (English much).
 
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