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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Comment by IvanVanBeethovenon Feb 19, 2024 8:15am
219 Views
Post# 35887357

RE:RE:RE:RE:RE:New interview

RE:RE:RE:RE:RE:New interviewTo avoid deception and misinterpretation about the NSIR:

The exact quote of Bernard in the interview...
 
“The entire nano Si – experience was a complete failure of never been able to get one thing to kick any of the batteries.”
 
What this means is that the use of nano-Si (synthesized, coated or whatever) cannot yet be (fully) implemented in batteries because of e.g. still showing fracturing on increasing number of cycle, to expensive, etc..
In other words, there is nothing wrong with the Nanosilicon Reactor (NSiR). It works just fine and delivered the materials which were asked for!
 
“By internally sourcing silicon feedstock materials, HPQ’s NSiR should be able to achieve low manufacturing cost while maintaining the flexibility to rapidly adapt the feed material to meet changing End-market requirements.
 
After a careful review of the Nano Silicon material market environment, the technology advancement and associated future development costs needed to get the PUREVAPTM Nano Silicon Reactor (NSiR) to a potential commercial stage, HPQ has advised its technology provider that it no longer intends to pursue the development of this technology.”


Read here: Excerpt of MDA-2023, page 9.
 
Fortunately, we have a smart CEO with a flexible mind. Bernard T. recognizes well in advance when something takes too much time, is too expensive to achieve, etc. He is also more than informed about other applications, opportunities and can therefore seize the next most obvious and logical opportunity in time. In this case, SiOx!

Mostlyserious wrote:

Just for KrapShoet who alleges I am lying about the interview.

Here's a post about couple of things I said backed up by specific references to where they came from.  Feel free to correct any inaccuracies.  Do listen to the entire interview.

The explanation about Purevap NSiR comes from September 30, 2023 financial statements, Note 11.

Over to you KrapShoet.  Explain how these facts are lies.


Mostlyserious wrote: Just after the 14 minute mark, Bernard states that the nano-silicon experience was a complete failure.  Never been able to get one thing to kick in in any of the batteries. This is much, much closer to the actual quote than my paraphrase or interpretation.

Discussion after the 19 minute mark brings QRR into the picture.  He states that QRR is not a prerequisite for the Novacium process.  Maybe one day it can find itself somewhere in the value chain.  Shortly after, he mentions that the price of Silicon flactuates and right now the feedstock can be obtained cheaper from the market than produced by the QRR, so QRR is not in play.  Based on this, everyone can judge what the communicaed utility of QRR at this point is.  

These are related statements from the interview.  Feel free to correct any inaccuracies.

 




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