Replies to post #3805 on American Battery Tech Co (ABAT)

[Don'tDrinkTheKoolAid]

I am not saying they should be more transparent. Sure the tech side they can't divulge how they are going to recycle the batts. As far as the land building. There is a pilot plant on the east coast doing 1/2 ton per day.
Must be pretty small. This pilot plant is supposed to do 20,000 tons a year. That's 55 tons per day. That seems like an a lot for a pilot plant.
I also find these OTC like to exaggerate a lot. Our drug is going to be worth x amount then it's only bringing in a few million.

Whatever they are doing they always seem to talk HUGE numbers. If they say 20k tons per year and 180 million revenue with 140 mill profit.. I just divide that by 10.
That to me is more inline with reality and that is what we can hope for.
If they do better than great.

But they better do 10% of what they say they will.