My apologies to the thread. I was out most of the day so I wasn't able to correct several erroneous statments made by FMK.
First regarding $2.50 per watt hour. Lev said if we can get $2.50 per watt hour, we can break even on a cash basis, but not cover depreciation at 1,800 batteries per day.
Two erroneous comments by Fred. (1) Fred claims $2.50 per watt hour as a given as the price they can sell the battery for, when all Lev said was if. (2) As I.N. Vestor has already pointed out, Lev said at $2.50 per hour and 1,800 batteries per day, this would be sufficient to break even on a cash basis, but not cover depreciation as claimed by Fred.
Third, Fred says the production yield will be 80% when Lev said during a conference call they are budgeting for a 50% yield.
Fourth, Fred claims line 1 can produce 2,500 batteries per shift (which would equate to about 5 batteries per minute when Lev said during the August CC the capacity of line 1 is 5 cells per minute.
I guess in the interest of having accurate information on this thread, I'm going to have to stay closer to my computer. |
