MNS 0.00% 4.2¢ magnis energy technologies ltd

Five million, ten million twenty million? That is still chump...

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  1. 179 Posts.
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    Five million, ten million twenty million? That is still chump change if MNS are going to build a battery factory. I think a cornerstone or strategic investor would need to guarantee a line of credit between $50 to $100 million to give the initial setup some wriggle room. And I think they would need more after that.

    MNS own estimate at one point was $130 million.
    And the time to use/access that money is now.
    The kit is probably sitting in the warehouse waiting.

    see attached

    https://www.asx.com.au/asxpdf/20180309/pdf/43sb1j51j2bvzj.pdf
 
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