Sounds like maybe India paid the full amount rathe
Post# of 22456
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Posted On: 06/16/2019 5:45:45 PM
Re: Puravida19 #11907
Sounds like maybe India paid the full amount rather than 80% perhaps because delivery is imminent and they just wanted to make one payment, especially because it was delayed so long. PR says the order was for $1M, not the DP was $1M.
If that means the cost of a reactor is $500k, I am surprised the price is that low for two machines that can replace half(?) of Nanosys yearly output! LOL
And since they did a Letter of Credit for the 2 Reactors,
do you think they might have done one for the remaining $500K fee?
Sure speeds up payment and gets around bureaucracy, doesn't it?
If that means the cost of a reactor is $500k, I am surprised the price is that low for two machines that can replace half(?) of Nanosys yearly output! LOL
And since they did a Letter of Credit for the 2 Reactors,
do you think they might have done one for the remaining $500K fee?
Sure speeds up payment and gets around bureaucracy, doesn't it?
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