if we were to start construction today, the mine is at least 3.5 years away from production. there are billions of dollars up for grabs in the battery business right now and with Luminar we have a product to tap right into that. with the V price dropping lower than our C1 operating cost, you could argue that we would make even more money selling a battery than running the mine and operating the in house supply chain at cost.
Luminar - the light at the end of the tunnel of not making any money. no EPA, no OFS, no interest repayment on a $500 million loan required
AVL Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
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