In case you need to be reminded there is circa $US40M required to build the NY gigafactory. In the recent CR MNS raised approximately $US25M which is more than enough to get us going.
This from the CR announcement:
"The funds will be used to advance the New York Battery plant into production and with the
project development process having kicked off in recent months, activity will pick up with the
injection of funds to start production later this year. The project will be one of the largest
lithium-ion battery plants in the United States."
Funds should be getting wired to iM3NY soon (probably already have?) and I'm sure we will soon start getting progress updates from NY any day now.
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In case you need to be reminded there is circa $US40M required...
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