Ann: Investor presentation - Q2 FY24 Quarterly Results, page-25

And you went to the AGM, or listened to the Investor presentation Q2 FY24 Quarterly Results?

"Still selling units well below the marginal cost of manufacture (so every sale bleeds cash)."

And that is out of the ordinary? What does this document say about COGS and Revenue for another ZnBr battery company? And the rate of increase in the Operating loss, is that OK too?

https://investors.eose.com/news-releases/news-release-details/eos-energy-enterprises-reports-fourth-quarter-and-full-year-2022


OK, you need to hold on to those thoughts, they give you solace

Or we could look into Gelion.

"@Treed still upramping."

I did send in the question about what happens if the injection moulded solution goes belly up too. What is plan B, or is that C, to move forward.

And on;

"EOSE modular ZnBr non-flow revenue down on new model commissioning ... but still got provisional approval for US$399M US Govt loan to scale to 8GWhpa."

Still a few things to do before going deeper into debt, this is a loan.

"While this conditional commitment demonstrates the Department’s intent to finance the project, several steps remain for the project to reach critical milestones, and certain technical, legal and financial conditions must be satisfied and diligenced to the satisfaction of DOE before the Department enters into definitive financing documents and funds the loan."

From https://www.eose.com/eos-energy-enterprises-announces-project-amaze-a-500m-program-to-address-long-duration-energy-storage-demand/