MNS 0.00% 4.2¢ magnis energy technologies ltd

Nachu, page-3

  1. 179 Posts.
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    It will be interesting to see how they get the factory in production by mid 2019 considering.
    1) The kit is in storage, there has never been an announcement to say they have secured factory space, that I have seen.
    2) The only estimate of cost to get the factory going was $130 mill. Admittedly that was for a 3gwh facility. I think they are going for 1gwh but there has been no update on cost since so we go with that figure.
    3) It is hard to work out what stage they are at with the battery. There has not been any definitive statement to say it is tested and accepted for production. That I have seen?
    If anyone has links that clear all this up. Please post them....
 
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