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Accounting Practices, page-4

  1. 598 Posts.
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    hi Simon,


    thank you very much for taking the time to respond. 

    i got my info from the paragraph below in the article below. If it’s not true, it would be great to have an official correction and clarification. 


    I also totally accept that 150 is a sensible number to produce if that aligns with sales - I do actually believe that you all know what you’re doing. I’m just trying to understand the time and path to profitability. 


    https://www.livewiremarkets.com/wires/the-new-criterion-two-battery-technology-stocks-that-aren-t-tesla



    Given the batteries sell for around $US8000 each, producing at a clip of 250 a month. That’s a decent step up – although not enough to render the company cash flow positive after r&d costs.
 
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