Hi Tony,
Can you explain how MNS are going to satisfy its existing binding sales agreement if MNS are no longer planning on increasing its stage 1 production beyond the 1 GWh ?
existing agreements are 40% of 3 GWh = 1.2 GWh,
https://drive.google.com/file/d/1jxkPoGM2Y1KN0GVqj3QGrAcJEwPLVxnm/view
Can you also answer my question above on how you came up with the valuation of 100mil for 1GWh of production facilities when MNS clearly stated the capex for 3GWh is $160mil ?
Ann: New York Gigafactory Progress, page-109
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