MNS 0.00% 4.2¢ magnis energy technologies ltd

Oranges and apples come from different trees. Mines and...

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  1. 179 Posts.
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    Oranges and apples come from different trees. Mines and manufacturing use different funding models. A mines assets can stay in the ground without degrading or depreciating (in a perfect world). Manufacturing assets depreciate fast as we've seen when MNS picked up the kit in the fire sale. You can't let them sit. They have to produce. With mining assets you can zen out. To make you have to act fast. MNS are playing two very different games. Are they up for it? They need to construct the battery assembly line poste haste, like in weeks... IMO
 
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