Ann: New York Battery Plant Strategic Advancements, page-61

The fall in MNS share price is not associated with the general downs and ups of the asx200 IMO. Magnis have dialed themselves into another world, away from the hype and hope of a mine. Unfortunately the number they called is one where rigour and risk are well measured and not swayed by a couple of pictures of a shrink wrapped machine. Maybe c4v can make a go of it.
Maybe they can carve out a niche at the bottom of the massive market for battery tech. But even if they do it's not a world beater, not a big earner, especially if you are dragging around a 170m cap of expectations.
There is still a way to go before this share hits bottom IMO. And then it will be aligned with miners not manufacturers. IMO