My two cents if anyone cares...
The PR today was nice, but it would be great to understand the magnitude of the PO. Either way, these aren't just samples, it's enough for them to run their own tests on. My guess is that they will perform their own independent QC tests on them and then determine where to go from there.
Just keep in mind that no where is it stated that this order has been filled or even that production has even begun. It would be very nice to better understand where they will be getting the cash for this and also for paying off the outstanding notes in cash.
I will say though, in China there is money available from investors and getting funding to fulfill a PO over there shouldn't be a problem.
I have no clue how to assign a probability of success here, but if Timken likes the product and does add it to their line-up, that is huge. It actually reeks of a potential buy-out, if you ask me.
