Should we continue to hold our breath?
The following = what was said by Paulo with regard to our supposedly first battery contract in the Q1-21 CC on May 13. The statements, “we are working to close our first contract” and “I hope, with the first contract already signed, that, that will be the cherry of the pie (with regard to Battery Day)” clearly indicated that they were about to conclude the negotiation which started long before May 13. Sadly, 50 days later and there is still nothing.
Q1-21 CC:
Alex Guthrie
Thanks, Paulo. The next set of questions comes from Lee Cooperman at Omega. I'll read these off in succession and we can have the team answer where appropriate. When should we expect firm orders for batteries? And what is the expected timing of your Battery Day?
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Paulo Misk
Thanks, Alex. And thanks for your questions, Lee. I will take the first three, and then I will pass to Ernest. Lee, we are in active discussion with the multiple end users and are working to close our first contract, I think, pretty soon..….
With regard to Battery Day, we are finalizing some of the details internally, and we'll make an announcement soon and with respect of the all the timing and details and targets. I hope, with the first contract already signed, that, that will be the cherry of the pie.