Natcore Technology Inc (NTCXF)

[JB3729]

Dough, I don't think that anybody can answer the revenue question, not even the company. Until Natcore has successfully run a large quantity of silicon panels (they are targeting 1,000 - 2,000) using the LPD process, they don't have a product to sell (except NanoShades). These completed test panels they intend to manufacture have to be consistent in every way in order for the run to be successful. Success could be attained right away, or not.

Once the full scale production bugs are worked out (if there are any),
we'll just have to wait and see how quickly silicon panel manufacturers adopt the LPD process.

The signing of the first few licensing and supply contracts will certainly be a big deal. I can't say with any confidence that this will happen in the first half of 2011. I wouldn't be surprised if most of the silicon solar manufacturers are waiting for the introduction of the tandem cell. Of course, I could be wrong.

I do expect Natcore to partner with a large international company for the development of the roll to roll flexible thin film in early 2011. This announcement will be a huge positive for Natcore's future and could do wonders immediately for the share price. Natcore's management is expecting the 'preferred' partnership deal to consumate in early 2011. Also, I have been told that more than one other company wants to do the roll to roll partnership, so there are back up plans. (Dr. Flood stated on 11/24/09 that he expected to have the roll to roll funding and an agreement in hand in 1 to 6 months. Chuck Provini stated on 12/10/09 that he expected funding and an agreement right after the first of the year) Hopefully, there won't be any delays.

Other 2011 positives to look for are the opening of their own lab, which should deliver ongoing reports of progress in the development of the tandem cell, and possibly other technologies. My gut feeling is that we will see a tandem cell prototype by the end of 2011.

Knowing that Natcore is presently a developmental stage company, I feel that advancing their technologies is more important than revenues at this juncture. Although, revenues would be a bonus.

From Cosmic's post with regard to Natcore, "They can be holding the keys to the kingdom in a lot of areas". I agree.

From Dr. Dennis Flood, "In my 30 plus years of involvement in the solar industry, I have never seen a process that in the end will have the impact that LPD will have. The LPD process is a world beater in price and performance".

I'm buying the dips.

GLTA Longs,
JB