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Jamis1

05/15/15 9:18 AM

#37621 RE: Kinnaree #37619

IMO, large reactor fleet (more than a half dozen) purchase is not required at this time nor in next two years based on market growth forecasts. The market demand is not present yet with all the other suppliers ramping up as well.

IMO, QMC won't spend more than $2-5mm (4-10 reactors) on reactors over the next 2 years. If they do, it'll be due to large sales volume and they'll likely have revenue to cover the cost or seek other financing alternatives such as short term lending versus selling shares. Once revenue starts flowing and profits are realized, QMC will have more alternatives to financing business expansion. Selling shares is really their only alternative right now.