RE: How things now stand at Afc & what's coming in the future !24 Jul 2025 08:57
Construction, I totally understand why they have paused. What I'm complaining about is how they got to that situation and the time its taking to get the new ones online.
Its like they are starting all over again. Personally, i wanted to hear we have way to cut the cost by 85% so full steam ahead and based on conversations we have had, we are looking to build 15000 units by Xmas and we have customers waiting.
What we have got is, we all need to wait at least 12 months and we will build 10 units.
I completely understand the pause, but i dint think the pause would be for 1.5-2 years and at the end they thinking about 10 units. Cash burn is 1M per month after the other 70M spent already.
Who else here thinks something doesn't feel right? JW pretty much said, I'm trying my best but who knows.