I’ll put it simply
we have sold about $4 m worth of batteries in the last 2.5years and now we have an allowance of $3.4 m for warranty and an impairment of $ 1.7 m How many batteries are involved?
i would like to know wtf is happening we don’t get told anything until it becomes screaming obvious
is this why some proposals are still just that - are the propective customers waiting to see what happens? What happened to the second Aenergia installation ? The What happened to the Chinese demonstration plant( remember that?) I could go on and on
I believe in the product but I no longer believe in management
Ann: Strategy Update, page-20
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