Hi westeffer,
Glad to hear that you and others, including me, took advantage of this price decline. I think we were fortunate to have the pull back for adding shares.
I'm going to call Tom Scarpa Monday. I'll ask him to consider emailing Chuck's video link to the shareholders. I can't imagine that too many have seen this video.
If he does email it, I think the selling will dry up, and buyers will have to pay up for shares. If I didn't have so much already, I would buy more due to Chuck's $800,000,000 revenue projection and the flexible thin-film tandem cell news.
It is interesting that at $100 per 300 watts, Chucks $800,000,000 revenue estimate is right on 10% of the average silicon pv wattage projection for 2014. Dennis Flood told me last May that he thought the tandem cell could be commercialized in 24 months. So, hopefully we'll see it on the market in mid 2013, and Natcore will grab a 10% market share in 2014.
I asked Scarpa if he thought that the silicon tandem cell research would be scaled back after the flexible thin-film tandem cell news release. He said no, with Rice U. and the Kodak lab, Natcore can work on both.
I love typing that $800,000,000 number. Even better though is my expectations for a very high net income %. I look at it this way:
Only 20 employees, including the lab.
Natcore has to provide the chemicals, but they are readily available.
Almost all of the chemical bath solution is water.
Natcore has to provide the quantum dots.
I think that taxes will be by far their largest expense. Without taxes, Natcore's net income % might be 90-95% once revenue hits $800,000,000. I believe that we will find out if I'm close.
JB
70MW Solar Installation in Italy
