Originally Posted by
Abu Mahendra
Sure. But what i see here--I don't have a horse in this race--is that missed deadlines are interpreted as signs that things are moving forward.
I am interpreting historically missed deadlines as poor estimation and expectation management making forward projections more likely to be inaccurate. However, as more happens, there is less remaining to be delayed, which makes further delays less likely and/or likely smaller.
Timetable aside, I am taking the Feb update at face value. I am interpreting the reported ordering of custom and off the shelf components, delivery of CNC equipment, establishment of additional capacity with CNC shops and what not as progress.
The biggest risks look to be timetable for delivery of the welding chamber (vague in the update but can be read as no later than mid April) and getting everything dialed in, final product certified and manufacturing in full swing with first deliveries beginning of May.