If I recall correctly, in their presentation in 2009- early 2010, they did showed up some similar forecasts and that slide was removed from the presentation because the IIROC asked them to remove it because it was just plain speculation at this point since they didn't have any revenue nor product to sell at the time.
On stockhouse Naterey is asking a valid question about 3$/watt (2010 reference) in their forecast is kind of high but I'll trade a lesser profit margin for a wider market adoption based on better $/Watt ratio.
From what I understand is that negotiation of the actual margin will be on a case by case basis sonce one of the most cost saving advantage pf the ARBox is the electricity saving for doing it at room temperature and that the cost of electricity isn't near the same in the US than in Germany.
Here are some points that I find particularly interesting:
- Lab in Zhuzou China.. First time I see a reference to a lab there
- 3 named Companies, still missing at least 2 from the 5 of the NR early this year but I was glad to see the names. Tetra Sun is interesting, not looking like a "800 pounds Gorilla" in the solar industry yet but I guess when you try to step up in an industry you have to be an early adopter of the latest breakthrough.. I'll do some DD on this company and I'll let the board know if I see anything particularly interesting..
- There seems to be finally a plan between MX and Natcore regarding how they'll operate.. Not crystal clear when reading the presentation but it's a start.. I was under the impression that MX had shutdown the JV because of a lack of government funding in Italy so I'm pleased with that.
-Joint Venture with China is kind of confusing for me.. at the start of the presentation it's a JV with Zhuzou city (Which I think relates to the Natcore Asia company) but later they talk about Phono Solar as the JV partner in China.. Is it another JV? No idea..
- Can't wait for the Tandem Cell prototype as it is a while that we didn't received any news from the R2R and Tandem projects. Hope it brings a clearer view of the roadmap ahead
This presentation raised so many question in my head that I think I'll wait at least for a News Release or two and maybe a President Letter update before starting to annoy management with its content..
As opposed to you Vankent, I'll take a more positive approach to this and say that publishing the names of customers that haven't bought anything yet is a positive sign from Natcore that establish their level of confidence of "sealing the deal"...
