MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: New York Lithium-ion Battery Plant Update, page-10

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  1. 149 Posts.
    lightbulb Created with Sketch. 405
    Happy with seeing regular progress updates!

    <speculation>

    Their last update was 9th of August where their completion rate was 17.85%. This means they progress ~5.15% per 3 weeks or so.

    Naive projection with this velocity would put project completion (fully automated, producing at scale) around 26-June 2022.

    </speculation>

    Just a fun little calculation don't take this too seriously, though I am curious how they quantify each stage of development.

    GLTAH!
    Last edited by joeycloud: 30/08/21
 
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