IMO the more likely outcome will be a deal with Vinfast - people should read up on this Vingroup, Vietnamese based and owned - its global aspirations into the EV (Car and motorbike) as well as local success is much more advantageous to BSX
End of the day all we need to do is have a downstream contract and meet the output quota.
I also think the creation of a JV entity by a BSX subsidiary in 50:50 partnership will in the long term cancel out the upstream dilution we receive.
All to be revealed in SS.
Ann: Blackstone to raise $21M in Placement and SPP, page-100
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