Street is expecting US$10m, 25% margin. This would keep ELVA on track with their guidance.
Mississauga was to be upgraded this year to a max US$70m/ yr. That would be US$17m/Q.
So, $20m US or CA is not realistic this Q. Even with Jamestown coming on board for Q4, a US$20m is a big number.
US$12-14m and a 30% margin would be would be a good number.
Still looking for the $32m loan. Bus OEM.
A plump ESS contract would be nice too.
And who is the mystry OEM who want ELVA to develop a SSB production line?