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There are two big positives from this announcement:1. the...

  1. 66 Posts.
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    There are two big positives from this announcement:
    1. the obvious one, that Hadrian X is now in a state they are comfortable to get it on a ship. Now we have a rough view on the arrival timing in US and following SAT validation. Removes the uncertainty on how long they would keep tuning the machine prior to shipment. One step closer to US JV.
    2. the less obvious one, the technical crew in Perth can now focus on the 3x (5x?) Hadrian X's currently in production. To progress to the stage of being ready for the US chassis. If a chassis arrives in the next 2 months, focus on final assembly and commissioning. No distraction of tinkering / tuning the existing Hadrian X whilst it is in transit.

    Expect once the Hadrian X arrives in US, key technical experts will again be diverted and be in the US for while for arrival checks, SAT and initial builds.

    If we get to JV signing, getting the first 3 Hadrian X's over to the US ASAP will be critical to start generating significant income and minimise the future capital raises.

    This will be a good 2 month window to progress production.
    Last edited by bjk007: 17/05/24
 
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