Rebase costs on USD/THB; add timelines and first market data

Currency
- Base currency moves from EUR to USD and THB throughout. Rates at
  5 Aug 2026: 1 USD = 33 THB, 1 EUR = 1.155 USD, 1 GBP = 1.35 USD.
  EUR/THB lands at ~38, so existing THB research needed no change.
- Vendor quotes keep their original currency with a USD/THB equivalent
  alongside, so they stay checkable against the source PDFs.
- Full vision ~4.7-8.9M USD; phased entry ~1.7-2.9M USD.

New documents
- production-timeline.md: order turnaround stage by stage. Launch
  8-14 weeks, mature 5-10, repress 2-3. Quantifies the in-house
  galvanics turnaround claim the repo had asserted without a number,
  and flags artwork as an unmodelled fourth approval gate.
- project-timeline.md: calendar to first paying release, ~Q4 2028.
  Critical path is BOI certificate to press order to build to
  commissioning. Two findings: Newbilt build time is absent from the
  repo yet carries ~40% of the schedule, and the BOI rule may be
  over-serialised since duty exemption attaches at importation rather
  than at contract signature.

First market data (ResurRec, Bangkok)
- Invoice-derived prices, a factory tour, and a confirmed fleet of one
  Newbilt Classic 12" automatic plus one semi-automatic.
- Price ladder recorded at 300/500/1000-3000/3000+ units. Decomposes
  to roughly 34-50k THB fixed per title and 535-780 THB variable per
  unit, which is 4-7x the price this model assumes.
- The incumbent presses 230-350k records/yr but buys every stamper as
  an import. That single constraint plausibly explains their 150-unit
  floor, their flat discount ladder and their large-run lead time, and
  it is what an in-house galvanics line attacks. Logged as an open
  question on whether galvanics should move from phase 5 to phase 1.
- Inferences are marked as inferences; the whole set is one buyer and
  one plant, and the model is deliberately left unrebased until a
  second data point exists.

Corrections
- Gross margin arithmetic did not follow from its own inputs. Restated
  as ~1.95 USD at the midpoint with the 0.75-3.15 spread shown; the
  previous "40 to 55%" was not supported.
- Direct cost low total 1.50 to 1.45 USD; contingency THB high 40M
  to 38M.
- README indexes the construction RFQ, which was missing.
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@@ -46,7 +46,7 @@ and budgets for the other steps are open planning items.
- Alexander and Simona will soon travel to
[Making Vinyl](https://makingvinyl.com/) in Haarlem, Netherlands, to gather
further insights from the pressing industry.
- A collaboration with [Resurrec](https://www.resurrec.com/) is under
- A collaboration with [ResurRec](https://www.resurrec.com/) is under
discussion.
## Planning Documents
@@ -58,7 +58,7 @@ The detail lives in dedicated documents:
quotes, commitment, build, launch, and expansion
- [Pressing line equipment plan](docs/equipment/pressing-line.md): the
50/50 automated/semi-automatic fleet strategy, the Newbilt system under
evaluation (≈ €200,500 quoted scope), and site requirements
evaluation (~USD 232k quoted scope), and site requirements
- [Vendor landscape](docs/suppliers/vendor-landscape.md): researched
candidates for mastering and cutting (Agnew Analog), galvanics equipment
(Plating Power / Digital Matrix), stamper preparation (Sibert), bridge
@@ -92,14 +92,23 @@ The detail lives in dedicated documents:
- [Process flow](docs/process-flow.md): the whole chain from audio file to
delivered record as a chart and stage table, with every check and the
three artist approval gates (printable diagram alongside)
- [Production timeline](docs/production-timeline.md): how long an order
takes stage by stage, launch vs mature configuration, the repress fast
path, and what lead time can honestly be quoted to a customer
- [Project timeline](docs/project-timeline.md): the calendar from today to
first paying release, the BOI-to-machinery critical path, and where the
float actually sits
- [Project scale](docs/scale.md): rough numbers for everything on one page:
output capacity, building area, land, electrical demand, solar and
storage, steam and fuel, headcount, and money cross-references
- [Total investment](docs/finance/total-investment.md): the full-vision
roll-up (~4M to 7.7M EUR) and the ~1.5M to 2.5M EUR phased entry, with
roll-up (~4.7M to 8.9M USD) and the ~1.7M to 2.9M USD phased entry, with
the basis of every block
- [Phase 1 construction RFQ](docs/finance/phase1-construction-rfq.md):
the spec sheet for asking a contractor to price the phase 1 buildings
and site works, with quantities taken from the parametric BIM model
- [Revenue model](docs/finance/revenue-model.md): rough full-capacity
revenue (~3.2M to 5.9M EUR/yr), direct cost and margin per record, and
revenue (~3.7M to 6.8M USD/yr), direct cost and margin per record, and
the levers and caveats behind the numbers
## Repository Layout
@@ -111,12 +120,15 @@ docs/
│ ├── newbilt/ Offers, site requirements, process schematic,
│ │ service rates (vendor PDFs)
│ └── pressing-line.md Press fleet strategy and equipment plan
├── finance/ Project cost overviews
├── finance/ Project cost overviews, revenue model,
│ construction RFQ
├── suppliers/ Supplier contacts, vendor landscape, supplier map
├── biomass.md Biomass fuel strategy and the 60 rai coppice idea
├── boi.md BOI promotion strategy and requirements
├── facility-security.md Security, HVAC, fire and life safety, compliance
├── process-flow.md Audio file to delivered record, with all checks
├── production-timeline.md Order turnaround, stage by stage
├── project-timeline.md Calendar to first paying release, critical path
├── quality-automation.md Stamper metrology and layered record QC
├── roadmap.md Next steps in dependency order
├── scale.md Rough project sizing on one page