Great to see the factory running like clockwork and all those happy workers and connections with icon brands and influencers to add credibility.
The foundations, which are all owned by the shareholders, have certainly been laid to service the massive growth in demand that is inevitable. The lift in production capacity that comes with the new factory supports a 10x jump in the 4c a share (fully diluted) operating profit that was earned in the 12 months to June.
Hard to believe you can get all that massive earning power potential for 15 c a share fully backed by tangible assets.
Europes COL criss that caused a collapse in sales and a cash flow crunch will soon be yesterdays story.
On the subject of power potential.
I read with interest the articles today about Japans nuclear fusion research project.
Could VMTs products be powered by a micro lithium or hydrogen fusion plant that last the life of the bike and doesn't need recharging. Most likely but not in Charlie Mongers lifetime.
As a young man watching the the camp fire die and get cold by morning I used to worry about how long the suns fires could last.
Having learnt that it's not the trees that are burning its nuclear fusion that powers the sun and stars I have stopped worrying.
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