Exactly. That announced quoted "revenue". Revenue can come from a variety of sources including government grants. Something rayien has been mentioning from day dot.
This announcement specifically gives information on MMD, and to be honest, its nice to see some actual numbers coming out. From this announcement we see
So like I said, 149t of batteries were processed by Envirostream last year.
The company just announced that the batteries are approximately 30% MMD
The MMD sells for $1,900 AUD/tonne
149t*0.3*$1900 = $85k AUD.
MMD is NOT the money maker that this company is telling you it is.
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