Sure kingofhell that would help paying the wages and bills, however tax credits usually only apply when they making an overall taxable profit. So really before they making a profit "only" the US$4 million apply. That's why I asked the question about the profit margin, in these batteries, because that's in the end where the profits need to be generated to cover all the costs I mentioned.
So far it seems there is an ongoing process of market qualification for the batteries supplied to "off-take partners", which seem at this stage be able to walk away from those contracts! So really how secure is the income stream at this stage of the game?
- Forums
- ASX - By Stock
- MNS
- Ann: US$52M Term Sheet Signed for New York Battery Plant
Ann: US$52M Term Sheet Signed for New York Battery Plant, page-26
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNS (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MNS (ASX) Chart |
Day chart unavailable