RE:Misleading FCarmine wrote: Been in for 2 years now and am very frustrated to say the least. Back in January when they announced 300% product size increase they made it seem like the remaining test were to achieve 5n and it should be completed by the end of February with this statement.
“Producing Solar Grade Silicon Metal remains our primary objective. For the remaining 14 tests, our intention is to focus solely on improving purity, with a goal of producing minimum 5N Si material,” said Tourillon. “In addition, PyroGenesis will also test an alternative route to higher purity during the ongoing test work.”
The R&D lab testing is still ongoing and the project is on schedule for end of February 2017 completion. By the end of the Process Characterization phase, PyroGenesis expects to have conducted 50 laboratory scale experiments. The data collected during the Process Characterization phase is being used for the Pilot Scale design, which is also currently underway.
This is when the price started to rise and those "murmurings" came about. Now, I only listened to the first 5 min of the interview but correct me if I'm wrong. Did Bernard not say In the interview that they told pyro to focus solely on raising the yield? Which they did but that's not what he was selling. Everybody was waiting for 5n and when it didn't come. Here we are back to the low teens.
Im in, but can we even fully trust what they say at all anymore ?
what he did was sel 5N as an easy target in the previous interview and than did a knee jerk PP. At the time it was because he had an investor want to sink a large sum in, but I didn't see anything to substantial in the pp. so he over pumped 5N to rise price to save a few pennies dilution. All whilst doing this he has screwed himself over in market perception. So now we wait. Pyr will pull thru but bernard has put us in a wait and see state instead of a speculative state
SN