InvestorsHub Logo
Followers 7
Posts 5608
Boards Moderated 0
Alias Born 10/01/2020

Re: quester614 post# 24277

Wednesday, 06/07/2023 8:17:52 AM

Wednesday, June 07, 2023 8:17:52 AM

Post# of 32524
No we can't assume that TMF -- which is VERY EXPERIENCED at infusing fire-retardant with plastics to produce high-strength materials -- "may be as unsuccessful as Movychem" at creating NexBoards!

In fact, it's probably just a matter of time before XERI announce's that TMF's test production runs successfully demonstrate the industrial-scale process necessary to manufacture NexBoards in the size, quality, and quantity necessary to meet the needs of NNC and major home builders / developers.

From what we've been told, they need to produce standard-sized 4'x8' boards -- which may well be larger and possibly a bit more complex than anything TMF is currently producing. So that could mean that TMF has to significantly adapt its existing machinery OR that they need to use new, larger-capacity machinery. In either case, this process probably doesn't happen overnight. So assuming that TMF won't be successful is simply absurd!
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent XERI News