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tpizzazz24

01/24/15 9:50 AM

#34561 RE: Solar_Express #34557

Great. Would be happy if they supply the Chinese TV industry among any medical device companies. Looking good here. .18-19 has been good support.
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RPR

01/24/15 11:10 AM

#34562 RE: Solar_Express #34557

IMO the link specifically talks about money for capital investment to procure the reactor. Hopefully working capital for materials etc., are backed up by same people. I believe we don't have any public information/confirmation on this. Case in point Nanoco diluting shares to the tune of 19M obliviously for working capital (DOW taking care of capital investment of some 100M to build it in korea) QD vision got some 74m new funding , definitely it costs a lot to make dots in tonnes. The recent PR on 2 tonnes production by Q2 indicates they already secured enough money as Q2 not too far from now, they must be already started making them in high volume. I think we are in good shape , we may end up seeing some dilution but that should be ok.
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JimmyBendrix

01/24/15 12:12 PM

#34563 RE: Solar_Express #34557

The machine is paid for and in place ready to churn out 2,000 kg pa within a couple of months. The whole operation is self funding once we have a contract for sales. Someone can probably identify the cost of each additional nanoreactor machine but it is not labour intensive and costs nothing like the DOW set up- It will cost DOW approx $100m to ramp up from 800kg to 4800 kg pa.

And, it will be H2 2016 before DOW can produce more than QM is saying it can supply in the latest news release. And we know that all the DOW supply is being soaked up by LG.

There is a very good chance we will know a whole lot more about what is happening soon.