Thought this thread was appropriate. SHORTY... you're in BIG trouble mister.
My head was puzzled about what's been happening, so decided to look at the june report again.
So far 15000t shipment has been the norm, then we get a 22500t for sept. Is the circuit already in place??? Production average has been 15000t every 3 weeks. So, its around 20000t per month. Let just work on 15000t per month.
The improved circuit increase production by 40%.
15000t×1.4= 21000t/ month× 12months= 252000t.
252000t×$534(profit in june report)=
$134.568 mil net profit in 12 months.
In the bank $84.8+$134.568=$219.368mil.
Posco is $280mil + $219.368(net profit)=
$500mil this time next year. Plus profit for sept quarter.
So, a deal with Posco give Galaxy more cash than needed to build SDV. $500- $470( cost of Sdv)= $30mil.
We know design and small construction has already begun. By next Xmas(2019) with SDV covered, there is money leftover around $60mil( 30+mtC nov19' production).In less than 35 trading days, end of quarter, the outcome is certain.
JP Morgan jv is not included. A partner and left over cash can fund JB.
From Scullys post
, 2015 no megafactory, in 2018 there's 41 megafactories. Lets add ten more for 2019. 25% increase Lithium usage going by the factory output.
SHORTY can worry about spot price in china. I like my numbers better.
EVs are coming to get you shorty.
