For anyone not having access to this latest (May 2016) newsletters, here are some of the points that I have highlighted with my own digital marker:
1) Just over a month until start of (small) formal production, with 10 assembly bays (as of 05.05.16)
2) Up to 33 jetpacks to be produced this 2016 calendar year (@$250,000 each = $8.25 Million Gross)
3) 200-250* jetpacks to be produced in Wigram next year (@$250,000 each = $62.5 Million Gross*)
4) Eventual, parallel production fascilities throughout the world
5) Parallel production fascility in China from the beginning of next year (2017) for the Chinese market
6) Next airshow attendance: 1-6 November in China
7) Parachute & new engine testing/integration processes ongoing
MJP Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
