[mgkimsal]

Might be a dumb question, but would they be profitable?

I worked at a small company that had $1.5M in 'backorders'. But it was going to take more than $1.5M to fulfill the orders, which ... is not a place you want to be in (regardless of how many zeroes?). Half the company was laid off shortly after this 'milestone' was reached.

Now.. perhaps with more zeroes... there's seemingly enough wiggle room to move stuff around in the books to balance things out...?

Also, I realize it might be premature asking that type of question, but... having been burned once, it sticks to top of mind.

[tootie]

They're not even in production, so nobody knows really. Reading the article they have accepted $65M AUD in deposits which may or may not be refundable. The $1B AUD in demand seems to be a very speculative number likely based on the amount of interest they've received rather than any actual commitments. Probably a ton of customers saying "We'll buy these if you can actually make them". We've seen enough this flame out to stay skeptical, but the fact that they have a prototype and cash deposits is at least a positive sign.