Given the price is $40k per unit, it's still far too expensive for the mass market.
Especially given that you would assume:
-the owners would still be required to pay for the gas the unit uses
- There are still troubles in the european economy and an item like this is still a fairly luxury item.
Being a long time holder, I'm still trying to get my head around how the mass market business model will work. It's obvious that the electricity generated will exceed usage in a normal home but how much gas will the unit use and at what cost?
Also, is there an expectation on the price of each unit when production is at or near capacity?
If there is, then what is the expected profit margin on the goods?
I'm sorry to put a negative spin on such a positve company but as a share market investor, these are the pertinant questions I have to determine value and price which I think the market is also pondoring. All of the recent announcements are somewhat positive but if you look at it on face value, the sale of a handful of units doesn't float my boat too much.
I am also fully aware that these things take time. But as time rolls on without positive operating cashflow, then the need for capital increases and the more I have to put in to ensure my holdings are not diluted.
Anyone with any thoughts or comments on these questions?
CFU Price at posting:
16.7¢ Sentiment: LT Buy Disclosure: Held