HC is not a financial advise forum but investors do base on company announcement.
14 months ago, the company announced start of commercial production with ramp up to 15,000 cells per day. The company also re-confirmed the amount of offtakes in multiple of hundred millions.
Yesterday, after nearly $100 million dollars spent, $70 m dollars lost or so, it announced that it sold to itself majority of stockpile of cells for under $500,000. Investors rushed for the exit.
And for your excitement, I found your Nachu fish pond on google map (on the left)
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