From FY21 H1 presentation: Total installed mouldingcapacity is now up to 80,000 wheels per annum, of which high pressure moulding capacity is now up to60,000 and sufficient for awarded programs.
From the same presentation: CBR sold 6397 wheels in FY21 H1 (heavily Covid impacted). So that's roughly 13,000 wheels per annum. So, plenty of capacity.
Mega-line is about future production contracts. It's very chicken and egg. Mega-line will bring the unit cost down by a lot, and there is a number they need to achieve before signing these OEM contracts. This is not pie in the sky stuff either, they need to meet a unit price goal set by new OEMs and mega-line needs to be built to achieve that.
CBR Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
