Westaim Corp V.WED

Alternate Symbol(s): WEDXD

Financial Services Asset Management

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.

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Westaim Corp

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Comment by mohasaon Aug 09, 2004 8:18pm

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Post# 7792246

RE: Q2 Results - Listed here

My notes say the following as to cost: Capital outlay for 250 K panels per year: $160M US Gen 6 facility, 34" - 37" panels, 3M panels per year output: Capital outlay $600M US; (which, he said, is 1/3 cost for LCD facility, but then he gave the cost below) Equivalent Gen 6 facility for LCD panels: Capital outlay $2B - $3B Cost appears good; Timeline? Any competitive technology around that could thwart Ifire's marketing plan?

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