MNS 0.00% 4.2¢ magnis energy technologies ltd

I guess there isn't enough cash to run until 'They have enough...

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  1. 1,501 Posts.
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    I guess there isn't enough cash to run until 'They have enough cash to last until early 2020' no matter how the figures are twisted.


    https://hotcopper.com.au/posts/35407655/single


    And this seems to confirm there's a little uncertainty around a production date; 'The equipment and inventory will remain in approximately 100,000sq feet of storage space while plans for thedesign and installation of production lines and facilities are developed over the next few months.'


    Manufacturing is an expensive business. An expensive and marginal business. 



 
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