Magnis buys $200 million of battery making equipment for $5 million, page-37

The fact is, your own company earmarked $43m per GW. Now Tony you’re on here claiming it’s $200m per GW.

Perhaps 2-3 years ago when they built the factory, this was still emerging tech and therefore getting a plant up and running was much more expensive.

In which case Magnis maybe has old technology now that is outdated and outperformed by the newer factories going up. If full scale production commenced in 2016, and these factories take 12 months to build then this equipment is at least 3 years old.

Either way you look at it, you didn’t save $200m. Not even close. You’re contradicting what your very company is saying.