Reports indicate IM3 acquired $200 million worth of assets for $5 million, page-5

In 2016, New York GDP was US$1.2Trillion (AUD$1.54trillion)

Australia has a GDP of AUD$1.69 trillion as of 2017.

The NY economy is massive. Nearly as large as the entire economy of Australia. So IM3 massive support by NY government is like having the backing of the Australian Federal Government.

Red tape has all been cut and everyone want to fast forward this battery plant. I expect the NY battery plant to happen even quicker than expected based on the desire of both IM3 management and Government.