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09:31
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Originally posted by SSecretSSqirrel:
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I can't see a Tesla or BYD contract in the foreseeable future. There has been no mention of new customers for over a year, based on the little detail they have published I think they've been focused on surviving rather than expanding. and possibly $40M later )" I think the $25 mil announced is part of that $40 mil, so there is only $15mil left to draw down on from the initial deal. If they draw down at the same rate they did last year then the $25 mil is gone by May/June, and the remaining $15 Mil gone by Sep/Oct unless revenue changes substantially in the next 8-10 months. Having been a share holder since prior to the ASX float, they've been assuring investors of profitability within "12-18 months" for at least 6 years which makes me skeptical.
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My understanding is that all of the F80 wheels are carbon/made by CREV. The standard wheel is painted carbon.
