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TerraE consortium dissolved, page-55

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robbo24

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12/10/18

13:30

Post #: 36102225
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Originally posted by sroyle ↑

TerraE set up an engineering subsidiary to handle cell production and logistics last year:
https://www.terrae.com/2017/10/12/terrae-opens-engineering-office-for-cell-factories/
"TerraE Holding GmbH has expanded to handle its planning activities by founding the subsidiary TerraE Engineering GmbH. A team of engineers will take over the planning activities for all future lithium-ion cell production factories within the TerraE group."

Founder and CEO Holger Gritzka now involved in it's liquidation:
https://www.northdata.de/TerraE Engineering GmbH, Dresden/HRB 37007
View attachment 1331381

Surprised Magnis not announced TerraE news as part of continual disclosure obligations, recall Corporate Governance Statement released couple of weeks back.
https://hotcopper.com.au/threads/ann-corporate-governance-statement.4454891/#.W8ACh2gzZpg
"the Board ensures that the continuous disclosure requirements of the ASX are fully complied with, ensuring that shareholders are kept informed on significant events affecting the group; "

Guess if no statement made despite clear indications 32Gwh of anode supply affected then no reason to think Listrom still viable. No updates on North Rhine Westfalia MOU since the Jan 2018 fluffathon:
https://hotcopper.com.au/threads/an...with-german-gigafactory.3986116/#.W7__bWgzZpg

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Hi sroyle,

Does the term "Liquidator" in this context mean Holger was the officer of the company who formally put the company into liquidation, or is he literally the liquidator for the company?

Seems quite curious that the CEO would also be the liquidator.

MNS Price at posting: 28.0¢ Sentiment: Sell Disclosure: Not Held
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TerraE consortium dissolved, page-55

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