Friday, May 17, 2019 11:45:01 AM
“If I read the theory correctly, it isn't that the trade war is preventing us from signing a contract. It is that we have jointly developed both an alloy (106c) and machinery (sold by LK) which requires a new agreement under the PLA. That agreement will not be signed until the effect of the trade war is known. In other words, our profit in the agreement must account for any tariffs that Eon and JVs will pay.
In this theory, as the world gears up for 5g and EVs, the midframes, routers, camera frames, battery housings, etc., will be made by large contract manufacturers (e.g. FoxConn) who will need a very large number of machines, and a large amount of alloy in order to meet demand. The Maze was built to capitalize on this demand. We are part of the Maze. We are missing the agreement required by the PLA for the already acknowledged, co-developed alloy and machines.”
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