Note 16
BNNTL Expands Production- "will have the capability of manufacturing 30kg on BNNT per annum based on a single shift".
Somehow it's stated clearly, yet so is the 60kg statement earlier in the report. Who is proof reading this? Is EY as the auditor supposed to review the report? If they are, could they please have someone actually read it. Or, whoever is being paid to proof read not be chosen next time, the confusion is not helpful.
Fortunately, the important part is that there is actual BNNT being produced and at world leading levels in quality and quantity and capex for scaling is not daunting considering the return on each module (when something is producing millions of dollars in product with good margin, a couple of hundred thousand can be absorbed no problem).
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- Ann: Appendix 4D and Financial Report Half Year 31 Dec 2020
Ann: Appendix 4D and Financial Report Half Year 31 Dec 2020, page-11
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