MNS 0.00% 4.2¢ magnis energy technologies ltd

Why does Aston Martin want your graphite? Lol. You have no idea...

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    Why does Aston Martin want your graphite? Lol.

    You have no idea what you’re talking about. So all of a sudden they do want to develop and finance Nachu? The feasibility study (that was an announcement btw, you should go read it) was based off of 240ktpa, so filling only 50% isn’t much help right? Sure it’s a start, but your $1.6bn valuation goes out the window if you can’t actually sell it all. Especially since it’s a business of scale. To actually turn significant profits you need to produce well above fixed costs.

    We’ve been hearing about this “major funding partner” for years. Since early 2016 even before the battery plans. That was quite a few dilutive cap raises ago.

    Not saying it won’t happen but the more the timeline gets pushed the less likely it seems.
    Last edited by anf0: 06/10/18
 
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