Profit margin on battery producers, probably would be around 20%.
I suspect existing offtakes are only based on 1GWh. As bought more from A123, current annual capacity is increased to 1.8GWh.
I think all recent developments are well set up for US listing. US investors are likely to recognise potential of MNS especially iM3NY, imo.
PeakTV - Magnis Interview, page-9
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