GREY:ARGEF - Post by User
Post by
blueskiesrgxon Feb 13, 2017 10:53pm
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Post# 25840733
Doing my homework
Doing my homework
Re-read some of the old NR's, and this is something that I think Bill brought up a little while back - Could a strong catalyst be the affirmation of the commercial product viability by PPG?
Looking at the last NR Jan 9:
“We are finalizing most of the internal performance tests on our commercial samples of TiO 2 product, which we believe meets and/or exceeds PPG Standards and we will have it certified” said Carroll Moore, Chief Operating Officer of Argex Titanium. “We have also now started the data package for a Basic Engineering Design which we expect to complete in about two months. This will be fed on to a Pro-2 simulation which will produce a heat and material balance and confirm that Argex’s operating costs will be the lowest in the industry,” he added.
We know that the engineering package is likely still another 2-4 weeks based on this NR, but not much has been said lately about PPG's 'vouching'....no timelines given, but if they were finalizing their samples a month ago, might PPG have had time to review and give them 2 thumbs up?
Just a thought and something that came to me this evening. Good luck guys.