Last 2 announcements are monumental. Australian project, markets may not realise, is a mega project - 3GW Green Hydrogen Plant. Electrolyser components alone will cost USD3b. In 2027 when they expect to deliver, the cost will be probably USD4b. Expect to add USD1b sales annually for 3 years, 2027 onwards (basically double Plug's current annual revenues). Biden money will help Plug scale and execute. Based on this alone, at 2X sales, Plug should be trading around $4-$5. Road will be bumpy but sto...
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