A nice rise of 40% since my last post which showed a breakout from a consolidation phase. A statement released to the market on the 31st May was to say that Blue Ocean Equities had released an initial coverage research report on the MNS Nachu Graphite Project in South East Tanzania.
This report (and one done by Bell Potter the week previous) are available on the Magnis Resources website at www.magnis.com.au on the Home page under News & Reports then Broker Reports.
As anyone heard of Blue Ocean Equities? And if so do they have a good record of the research they do?
Regards
PB
By the close of business the rise was only 10.74 % . good gain and good profit who sold out at 20% rise.Magnis Resources announced this morning that it has reached an agreement with the Tanzanian Government to progress its Nachu Graphite Project.
Share price is up 20.24% to 50.5c so far today on the back of the news.
MNS Days are over.View attachment 92038
Probably worth keeping an eye on this share which is included in the Emerging Companies Index.
This is an interesting way bring attention to a stock uniden, welcome to the forum.MNS Days are over.
Probably worth keeping an eye on this share which is included in the Emerging Companies Index.
This is an interesting way bring attention to a stock uniden, welcome to the forum.
This looks like a very interesting stock rnr. It has a Lithium focus. Not just a miner but actually with an interest in producing LIB (manufacturing batteries). Reading the HYFR recently released it appears to be cashed up and proceeding with its business. (Not that I am very good at reading reports, so I may be wrong). This is a stock I am going to watch.
Technically speaking it has moved beyond its falling overhead resistance line coming from June 2016. It seems to have a base support of 27c to 28c coming from October 2018. The 200dsma is sliding down and may slip under the price. There is a slight rise in the Twiggs Money Flow, but it is still under 0%. Looking at the EquiVolume chart for a six month period there appears to be selling pressure between 32c and 37c but perhaps a good story, a buoyant stock market and rising lithium prices may well see it rise to greater heights without too much effort, perhaps!
This is a three year chart
View attachment 92838
###August 28, 2017MoU signed with future German lithium-ion gigafactory TerraE
November 15, 2017Lithium-ion Battery Binding Sales Agreement Signed for New York Gigafactory
December 1, 2017Graphite Sales Agreement Signed with Major European Group
January 30, 2018Strong Progress Achieved With Lithium-ion Gigafactory in Germany
June 26, 2019NACHU GRAPHITE PROJECT UPDATE
August 22, 2018C4V Delivers Lithium-ion Battery for Smart Grid Project
September 18, 2018Joint Development Agreement Signed with Electric Hypercar Manufacturer - Dendrobium
October 2, 2018Working Solid State Battery Produced and Unveiled at Battery Conference in New York
January 21, 2019BHEL and LIBCOIN plan to build India's first gigafactory
March 18, 2019US$52M Term Sheet Signed for New York Battery Plant
May 6, 2019Corporate Presentation : Benchmark Minerals World Tour, North America
May 15, 2019Batteries supplied to US based Martac
September27, 2019$8 Million in Funding Secured
October 1, 2019Townsville Battery Plant Feasibility Study Submitted
September 30, 2019New York Battery Plant Independent Valuation###
Not hard to see why the SP has been in free-fall for SO long.
Magnis Energy Technologies’ consortium signs funding deal for US lithium-ion battery production
A battery development consortium part-owned by graphite company Magnis Energy Technologies (ASX: MNS) has signed a US$52 million (A$73 million) funding deal for the US-based production of lithium-ion batteries.
Imperium3 New York signed the term sheet via a pre-issued European bond used to fund renewable energy projects, with payments to consist of two stages.
The first payment of US$30 million (A$42 million) will be on completion of final documentation and checks by both parties, with the remaining amount to be issued 12 months after the first payment with no milestone attached.
The deal will allow Imperium3 to invest in the development of lithium-ion batteries at the world-class Huron Campus Gigafactory facility in New York, previously used by IBM to manufacture high-tech equipment. More..
View attachment 93105
Magnis Energy Technologies’ consortium signs funding deal for US lithium-ion battery production
A battery development consortium part-owned by graphite company Magnis Energy Technologies (ASX: MNS) has signed a US$52 million (A$73 million) funding deal for the US-based production of lithium-ion batteries.
Imperium3 New York signed the term sheet via a pre-issued European bond used to fund renewable energy projects, with payments to consist of two stages.
The first payment of US$30 million (A$42 million) will be on completion of final documentation and checks by both parties, with the remaining amount to be issued 12 months after the first payment with no milestone attached.
The deal will allow Imperium3 to invest in the development of lithium-ion batteries at the world-class Huron Campus Gigafactory facility in New York, previously used by IBM to manufacture high-tech equipment. More..
View attachment 93105
SO Ann, what's your thoughts on the puppy now????.###August 28, 2017MoU signed with future German lithium-ion gigafactory TerraE
November 15, 2017Lithium-ion Battery Binding Sales Agreement Signed for New York Gigafactory
December 1, 2017Graphite Sales Agreement Signed with Major European Group
January 30, 2018Strong Progress Achieved With Lithium-ion Gigafactory in Germany
June 26, 2019NACHU GRAPHITE PROJECT UPDATE
August 22, 2018C4V Delivers Lithium-ion Battery for Smart Grid Project
September 18, 2018Joint Development Agreement Signed with Electric Hypercar Manufacturer - Dendrobium
October 2, 2018Working Solid State Battery Produced and Unveiled at Battery Conference in New York
January 21, 2019BHEL and LIBCOIN plan to build India's first gigafactory
March 18, 2019US$52M Term Sheet Signed for New York Battery Plant
May 6, 2019Corporate Presentation : Benchmark Minerals World Tour, North America
May 15, 2019Batteries supplied to US based Martac
September27, 2019$8 Million in Funding Secured
October 1, 2019Townsville Battery Plant Feasibility Study Submitted
September 30, 2019New York Battery Plant Independent Valuation###
Not hard to see why the SP has been in free-fall for SO long.
you'd have to get an ASX Speeding Ticket for that!?
Does anyone have any idea as to what the catalyst might be for the big share price gains so far this month?
View attachment 99601
you'd have to get an ASX Speeding Ticket for that!?
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