I suppose that’s where the ‘pit to battery’ concept might help us with financing. But only if we can establish a large sustainable market for batteries and/or electrolyte.
As long as we can internally afford to dig, process and pour it into end product batteries, which make the profit - or just flog ready to go electrolyte components in somebody elses shells, the v price in the opaque market matters little.
And obviously all that has to be competitive with competitors products - or have some competitive advantage.
Aren’t we employing some guy on the east coast as a sales guru? But I guess he can only sell a concept until Lumina batteries are actually available. Pre-orders or eoi are possibly helpful getting some finance interest, but an actual costed, saleable product is obviously better.
Flogging raw or processed v alone isn’t much use in the market as you have so accurately described it.
The above guesswork is all little help currently, but longer term?
AVL Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
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