MNS 0.00% 4.2¢ magnis energy technologies ltd

Scouting Around

  1. 1,463 Posts.
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    Couple of NY 'Giga' announcements in May helped 1c options over the line.

    One on 29th May, Gigafactory to be on Huron Campus , stated:
    60 acres.JPG

    60 acre building earmarked for manufacturing eh?
    Sounds big.
    Sounds 'Giga'.

    That's 2.5M sqft, or around half size of Tesla's 125 acre(5.5M sqft) gigafactory.
    So many surprised that 5 months later, consortium still struggling to find said building:

    Upreti Scouting Endicott for Battery Factory

    400sqft.JPG

    Seems 60 acre 'Giga' building just hot air.
    Pudding over-egged?

    Pelto suggesting scouting party looking for modest 5-10 acres(200K-400K sqft) on Northside.
    Huron Real Estate not overwhelmed with tenants for sprawling IBM Campus bought in 2002.
    But maybe Chris unavailable to assist during 18 month scoping study?

    Some alarmed hunt for suitable premises ongoing at Huron Campus.
    Estimates now 'likely' around 7 months out from May inking of agreement with Huron Real Estate.

    Meanwhile, some intrepid googlers hinting at possible location.
 
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