Got an email from the company saying they are going to build a 200mwh factory.This seems to be a significant departure from their earlier business model where they wanted to produce a "demo" facility to show how existing battery manufacturers can re-tool their facility to produce LIS batteries..Sounds like business not going to plan and a bottomless money hole is in store. Not surprised if market doesn't like this.
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Ann: 2023 AGM - Chair's Statement and CEO Presentation, page-7
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