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FeMike

11/20/25 3:51 PM

#798874 RE: KevGee59 #798852

4 1/2 months...and then Q2 continues for 3 months. They didn't say what part of Q2. It could be June 30th. Then 6 months to complete construction. That's December 2026.



I could definitely be wrong, but I don't read it this way.

They say "manufacturing established in Q2". That means it is up and running in Q2. They go on to describe why they estimate Q2 by saying they estimate the build taking 6 months (that's May) then a short install and validation leads them to a June (Q2) startup. Construction is starting now, not in Q2.