MNS (ASX) General Discussion Topics

Originally posted by Melen100: ↑

So, August IM3NY was making up to around 500 cells per day. The target is 15,000 depending on contracts/orders so they are not going to be pumping that amount out anytime soon are they, especially when we need money to pay for 80 staff.

Anyway, does anyone really know what they cost/sell for???, I don't so I asked my friendly AI to try to work it out.

This is the response. Skip to the end

"First, let's assume that the IM3NY battery pack specification is for a first-generation P-series cell with a capacity of 50 Ah, a voltage of 3.9 V, a specific energy of 200 Wh/kg, and an energy density of 400 Wh/L. Let's also assume that the cell has a weight of 0.975 kg and a volume of 0.4875 L, based on the specific energy and energy density values.Second, let's compare the IM3NY cell with some other battery products that are available in the market, such as:• The Tesla Model 3 Standard Range Plus battery pack, which has a capacity of 54 kWh, a weight of 480 kg, and a volume of 0.66 m^3^. This means that the pack has a specific energy of 112.5 Wh/kg and an energy density of 81.8 Wh/L. The pack uses 2170 cells with a chemistry of NCA (nickel cobalt aluminum oxide), which have a capacity of 4.8 Ah, a voltage of 3.6 V, a specific energy of 250 Wh/kg, and an energy density of 730 Wh/L. The price of the pack is estimated to be around $108 per kWh, or around $5832 in total. This means that the price of one cell is around $1.08.• The CATL LFP (lithium iron phosphate) battery pack, which has a capacity of 82 kWh, a weight of 550 kg, and a volume of 0.77 m^3^. This means that the pack has a specific energy of 149.1 Wh/kg and an energy density of 106.5 Wh/L. The pack uses prismatic cells with a chemistry of LFP, which have a capacity of 240 Ah, a voltage of 3.2 V, a specific energy of 160 Wh/kg, and an energy density of 240 Wh/L. The price of the pack is estimated to be around $80 per kWh, or around $6560 in total. This means that the price of one cell is around $25.6.Third, let's use these comparisons to estimate the price range of the IM3NY cell, based on its features and advantages over the other products, such as:• The patented biomineralized lithium mixed metal phosphate (BMLMP) technology that offers high voltage, long cycle life, fast charging, and enhanced safety without using cobalt or nickel.

• The prismatic shape with a newly engineered seal, lid, and contact configuration that ensures high mechanical integrity and ease of assembly within various pack configurations.• The high specific energy and energy density of 200 Wh/kg and 400 Wh/L, respectively, which are among the highest in the industry for LFP-type chemistry.• The over 8000 cycles of long battery life and durability.• The 3.9 V voltage, which is 20% higher than LFP cells and 5-8% higher than NCA/NMC cells used by other EV manufacturers.

• The applications in various sectors such as commercial EVs, passenger EVs, industrial and residential ESS, marine, defense, and others.Based on these features and advantages, we can assume that the IM3NY cell would command a premium price in the industry, higher than both the Tesla NCA cell and the CATL LFP cell. However, we also have to consider the market conditions and trends, such as the supply and demand, the competition and innovation, and the customer preferences and expectations. Therefore, we can use a range of values to estimate the price per kWh of the IM3NY cell, such as:

• A lower bound value of $120 per kWh, which is slightly higher than the Tesla NCA cell price ($108 per kWh), but still lower than the average battery price in 2020 ($137 per kWh).• A median value of $160 per kWh, which is equal to the CATL LFP cell specific energy (160 Wh/kg), but still lower than the IM3NY cell specific energy (200 Wh/kg).• An upper bound value of $200 per kWh, which is higher than both the Tesla NCA cell price ($108 per kWh) and the CATL LFP cell price ($80 per kWh), but still lower than some premium battery products in the market ($300-$400 per kWh).

Using these values, we can calculate the price range of the IM3NY cell, based on its capacity of 50 Ah and voltage of 3.9 V, which gives an energy of 195 Wh.

The price range is:

• $120 per kWh x 195 Wh / 1000 = $23.4 for the lower bound value.
• $160 per kWh x 195 Wh / 1000 = $31.2 for the median value.
• $200 per kWh x 195 Wh / 1000 = $39 for the upper bound value.

Therefore, based on these estimates, the IM3NY cell would be worth somewhere between $23.4 and $39, with a median value of $31.2.

However, these are only rough estimates based on some assumptions and comparisons, and they do not reflect the actual value of the cell in the market. The actual value of the cell would depend on the negotiation between the seller and the buyer, as well as the market conditions and trends. Therefore, please do not take these estimates as definitive or authoritative answers, but rather as possible scenarios or hypotheses."

End quote

I'll leave it up to you readers to do your own math's, if this is correct, I don't know. 500 might not pay all the bills, but 15,000 sure does

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Their estimate (they must have known it was a lie imo) was $80 mill revenue in year 1.
That's revenue not profit.
Be kind and after costs etc give them 10% profit.
That is $8mill
Hardly keep the lights on for a few months. Certainly no money for the punters.
It's a joke. Always was.
What was the next year ~300m still not enough. Profit margins on battery cell factories are about 5% to 10%.