RE:Ucore's Shoestring Option. Dragon
10 million is building a production line?
first phase is at least 45 million. Even if it wasn't, you assuming profits to self fund the rest
even if it was profitable, may add a few million. U think that a 10 million capex gonna produce another 20 million to self fund?
if that was within the realm of possibility, OEMs etc would be shoveling wheelbarrows of cash to ucore
your scenario won't work