RE:RE:RE:RE:RE:Thinking out loudCues like the 528k not paid for 2016 cash call and R&D program ending in Feb instead of Jan.
Get real. No cues point into the direction they are ahead. They are trying to go as fast as they can. That's good enough for me. The story is goog enough the way it is. No need to make up stuff. Let them run the show. Let the NR speak for themselves. Compare schedules to actual advancement... thats the best way to know where a project stands. Demonstration of 4N was originally planned for Q1 2016... We got it in Q4 2016. If we were to take that progress mark from the orginal planning, we are more than 6 months late. But the idea is to go farward as fast as possible! Period!
dufjam wrote: i heard they've already poured the concrete pad the purevap machine will sit on and they are honing in on the location of the floor drain. It's under construction.
But seriously, there are clues the process is moving faster than you think...
LeMarcus wrote: dufjam wrote: Sandman852 wrote: I don't see scalability as the biggest issue...that was the phase 2 of the program and was on target. THE problem which wasn't highlighted was trying to get N5 Purity instead of N4 so they had solar grade silicon. That seems to be the big hurdle and it's not real clear whether this has to occur for HPQ to be satisfied and obliged to pay the balance and royalties etc. This isn't a slam dunk by any stretch so this may be why we are stalled as well. Lots of questions and not much clarity imo
If scalability isn't an issue, even 3N and 4N at commercial production means HPQ and PYR will do very very well. 5N scaled is "game over" as Bernard states in his latest video. The pilot plant is under construction, HPQ is very satisfied and raising money via PP this very second to pay PYR further installments. PYR will receive royalties from the various purities produced commercially.
Lots of questions indeed, but this year is already different in that Purevap has already shown groundbreaking, unprecedented results. I wouldnt sell before at least hearing the full purity results, you may be pleasantly surprised. Patience!
As per public information available in november 24th presentation( before R&D program was extended another month...end of Feb rather than the original end of January objective):
Pliot plant is in design phase. We are getting close to the sourcing phase. Construction to beging after inspection of sourced material. Fabrication should start mid-May as per the orginal schedule.