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clock Created with Sketch. 15/02/24
13:26
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Originally posted by Cosmoterios:
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Once again. I will repeat. These lenders simply want their money back - plus interest if they can get it. So how is MNS going to find AUD $150M (100/0.65)??? Plus $$$$$$ to re-engineer the plant to produce "generic:' Li batteries???
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And the final nail for that coffin is the commercial viability of battery. Currently the giant plant (CATL, BYD,..) making cells at $60-80/kW. If MNS can't do that with the plant (im3NY was estimated to make $150/kW cell in interview with FP), forget about the rest. Get out while you can.
(20min delay)