It was mentioned by the CFO that the plan is to commence building the plant in the first quarter of the FY2025.
The other point about this, which I hadn’t picked up on before, is that the plant is “modular” in design. This wasn’t expanded on but I take it to mean that it can be replicated more easily to build in other locations.
There were some pretty dumb questions about capacity from the Wilson’s analyst. As well, he seemed to think that the Ukraine order was counted in 1HY revenues.
PNV Price at posting:
$1.99 Sentiment: Buy Disclosure: Held
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