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Production can only start once the production facility has been completed. You can find ongoing construction progress (videos are available online) and ongoing customer contracts (Honeywell, Nidec). If 200 GWh are actually running in 2030, then everything is open upwards. But of course, I also don't know if all this will happen..... 🔮
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@7Trader
That is clear. Nevertheless, it is not possible to conclude that the production process has been optimized, regardless of the customer contracts. The costs of the producer are relative to the customers. For us investors, however, it is decisive for an investment. But the company is also simply still too young to condemn it.
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@Hannes_SK i agree with you in principle. for a startup like freyr, it's important to me that something is actually produced. The debts can continue to grow. Now we need to generate sales.
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@7Trader
I disagree on this point: building up debt in the first 2/3 years of production is okay. But after that, we urgently need a positive turnaround, otherwise we'll end up on a level like Plug or Nel, which have to permanently feed on capital increases and are only splinters of themselves.
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@Hannes_SK and that's where the big question mark starts. The mass of bets increases the chance.... If I invest in 20 startups, 15 will vanish into thin air and just burn money, 3-4 will become solid companies, and 1-2 will become rockets. With the one rocket, the price losses of the other 15 can easily be overtaken to fully break even. Betting on just one startup is like playing roulette. You and I have no idea where Freyr will be in 2030 and later 🤷🏻‍♂️
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@7Trader I agree with you wholeheartedly. Nevertheless, we are basically optimistic. 😅
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@Hannes_SK yes true. I'm basically on the long side 👍