Good post Amorga. Thanks for bringing some common sense into the discussion.
Seems to me that Magnis/C4V/IM3 are spending money wisely by leasing the amount of space they need and will ramp this up as required. Why pay for space you don't need when that money could be put to better use for installation and commissioning of plant etc.
Production of 1+GWh of cells is to commence mid 2019 with 1+GWh of cells built by mid 2020. We should have revenue from battery sales coming in 2019 which will be great.
I think @sroyle likes to use the 2020 date as it sounds further away lol.
MNS Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
