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Re: bdr613 post# 2527

Friday, 09/21/2007 12:17:02 PM

Friday, September 21, 2007 12:17:02 PM

Post# of 11472
Yes - company gave a hint

bdr613,

The company gave some conservative figures in a press release for sales of BIECOM if only 10% per year were installed.

"A replacement program of 10% per year would require 130 metric tons of BIECOM annually in Germany. Similar quantities of BIECOM may be required at other utilities in Western Europe"

A reasonable ballpark price is $24 – $33 /kg for BIECOM and $4 – $11 / kg for FEECOM.

So 130 metric tons of BIECOM (the amount used in the PR example) for needs annually in Germany would sell for $3.1 million to $4.3 million using the above prices.

The ban on lead of course is for the entire EU so we expect sales in all the countries and of course much use for the Russian remediation projects and new nuclear power plants.

(we will know in a few months if the 10% per year is reasonable) - I think it is a low estimate as if plants have to come into compliance I think they would want to do it sooner rather than later and avoid the continual upgrading. Once they begin to install we for sure will be able to figure more accurately but these two products look to be big sales products. There are about 420 nuclear power plants in the world and many new ones being built or planing to be built. BIECOM has other advantages over lead besides being non toxic. When they start to ship I can post some pictures of one of the common forms - like geometric bricks that fit together. This is a big advantage as example for temporary shielding which is used often when repairs are being done in radioactive areas. These bricks can be stored on site and set up easily.

I am not going to speculate at this stage how many plants will use these products but with over 400 possible buyers it will not take many to really make significant sales. NNRF made an agreement with STUDSVIK the Swedish international nuclear technology company and they will also help in the marketing and if needed, the manufacturing.

The company reported a new configuration for the products for use in doctor and dentist offices and in clinics and hospitals and there are many thousands or course in the world.

I am a consultant for NNRF, Inc and own personal shares