Two plans for the investor: Plan A ~180M, Plan B ~225M THB; Pheenix at OMS +20 %
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User (October 2026): price the Pheenix galvanics line at OMS's reference plus 20 %, and work on a new business plan in two versions, one at roughly 180M THB and one at +25 %; the plans do not include contingency; Plan A keeps every machine and uses cost levers only. - total-investment.md: Pheenix block 324k to 445k USD (OMS 4-cell wet room with know-how transfer, EUR 234k to 321k, plus 20 %; was 320k to 650k estimate); launch plant now ~161M to 285M THB with contingency, midpoint ~223M. New section "Two plans": Plan A = launch plant with solar PPA, metrology launch tier, corridor later, cassette and CD-R later, rented crane, Chinese boilers and compressor: subtotal ~161.7M + ramp-up reserve 10 to 20M = ~177M THB (127M to 226M). Plan B = second Duplex at launch (five presses), everything in: subtotal ~209.2M + reserve = ~224M THB (162M to 286M). Contingency listed as not in either price (~24M / ~31M at 15 %). The 180M / 216M answer marked superseded. - revenue-model.md: operating pictures of both plans at 60 % specials. Plan A central EBITDA 1.73M USD, operating profit 1.34M, payback ~3.1 yr on the plan price; adverse loses money. Plan B (1.0 / 1.25 / 1.5M records) central EBITDA 3.14M, operating profit 2.63M, payback ~2.2 yr; adverse just covers depreciation; needs ~1.25M records sold. - Calculator: Pheenix price basis "OMS +20 %" and "OMS directly"; new contingency switch (in the total / shown separately); presets Plan A and Plan B (replace "investor levers" and "five-press"); budget card against 180M and 225M. - galvanics.md price note, README, roadmap. Checks: calculator regression updated and passing (0 fails, no page errors), node --check on all scripts, site build (no dead links), no em dashes added.
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@@ -170,8 +170,9 @@ Nothing in Phases 2 to 5 starts before its gate clears: no machinery order
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before the BOI certificate, no big-block spending before the market
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validates the price, no coppice fuel planning before the land title check.
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Since October 2026 the plant launches with everything in one capital
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round (~161M to 292M THB, target ~216M with the levers in
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[total investment](finance/total-investment.md#launch-plant-october-2026));
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round (~161M to 285M THB with contingency; for the investor Plan A at
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~180M and Plan B at ~225M THB without it, in
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[total investment](finance/total-investment.md#two-plans-a-at-180m-thb-and-b-at-225m-thb-october-2026));
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the gates still come before the round is spent, and the growth options
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(more Duplex systems first, then Classics, in a press hall laid out for
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five Duplex systems and four Classics) are funded from revenue.
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