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4.2¢ magnis energy technologies ltd

Ann: 2018 Annual Report, page-6

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JC78

72 Posts.

35

23/09/18

19:51

Post #: 35785385
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Originally posted by robbo24 ↑

Hi sroyle,

For sake of comparison, the recommended size of a football field is 64,000 square feet (105m x 68m).

MNS has less than a third of a football field.

Even if they took the whole 200,000 square feet under that lease, they would only have about 3 football fields.

Tesla's Gigafactory is 5,800,000 square feet.

Here's a picture to understand the scale (my notes in red):

Tesla'a Gigafactory apparently produces 20 gwh as of 31 July 2018: https://electrek.co/2018/07/31/tesla-gigafactory-panasonic-battery-cell-production-model-3/

Geez they have a long way to go, and a lot of capital to raise to get there.

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Just promise to stick your head in on this forum Robbo when these boxes are ticked.
Considering all of your intense endeavours I hope you are man enough to accept some feedback from the long term believers here.
Can we take that as a yes @robbo24 ?

MNS Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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