Replies to post #91710 on Quantum Materials Corp. (fka QTMM)

[Kurt_Banoffee]

That completion time may be realistic

If you forget or ignore everything that has gone on up to this point. LOL.

[TedJ]

Just to lay things out. When AMTRON got approval for developing Tech City in Feb 2018, the approval document specified a completion time of eleven months, or January 2019.

This milestone was for AMTRON to complete the development of the infrastructure for the 102 acre site and the completion of the Common Facility Centre Building. The original budget for this work was $17 million.

It appears that much of the site infrastructure has been completed, including the artificial lake which seems effective at controlling flooding within the site boundary. The building sites have been layout but most of the finished road work is delayed by lack of actual construction on the building sites.

AMTRON started construction of the common building foundations in Oct 2018 and by early 2020 they have barely completed the superstructure. Completion by mid-2021 stretches the 11 month timeline to over 40 months so I doubt the original $17 million was enough.

So how long will the $82 million Nano Factory take once its foundation gets laid? Sure they claimed that they were doing off site prefab last year but that's a completely different budget.