MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: 2018 Annual Report, page-4

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  1. 7,025 Posts.
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    Hi sroyle,

    For sake of comparison, the recommended size of a football field is 64,000 square feet (105m x 68m).

    MNS has less than a third of a football field.

    Even if they took the whole 200,000 square feet under that lease, they would only have about 3 football fields.

    Tesla's Gigafactory is 5,800,000 square feet.

    Here's a picture to understand the scale (my notes in red):



    Tesla'a Gigafactory apparently produces 20 gwh as of 31 July 2018: https://electrek.co/2018/07/31/tesla-gigafactory-panasonic-battery-cell-production-model-3/

    Geez they have a long way to go, and a lot of capital to raise to get there.
 
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