RE:RE:RE:RE:RE:Benzinga Presentation I am somewhat in the middle re. optimism in this discussion.
I agree with SIMPLICIT1, replacement of Li batteries sounds far-fetched. Huynday offering 10 years battery guaratnee already.
At the same time, "owe nothing" is another extreme. If you open Boeing B/S - they have negative equity, but 100B market cap.
It is a race for big battery, first of all and GMG is in the middle of cooperation between, Bosch, university and most important, they have management that have experience and connections in energy market.
Management team is 50% reason why I am here, product is other 50%.
I hope they will begin selling developed product soon, than they will get credibility that will help them with marketing large batteries (if they succeed).
I think GMG has 70% chances of being bought when / if their car battery will be tested.