Hi Jean-Claude, your comments are both illuminating and confirming. Expected the ramp-up could be partly funded through cash-flow, so the $32M/10months plus the partial delivery of IDB monies fills in the rest.
re: Hanil, had expected true production to commence after CYQ1, as you noted, given they would want to continue operating equipment and testing product, and fine-tuning and fixing new 'bugs' for a quarter or more before committing to any POs. After all, even though Valence knows how to make it work, every instantiation of the setup has the potential to produce something 'interesting' to figure out, so they will not want to rush it. So, on schedule.
Confirmation of 2 week quarantine in NI is useful information. This together with the additional storage 'cages' you refer to would easily eliminate that as a bottleneck concern up to the $80M run rate, I think.
As Mooter noted, the current private placement would not have taken place unless the financiers' DD had indicated other revenue streams about to commence. I anticipate a steady stream of PO announcements the next few months, on into summer.
Many thanks to all the long-term longs who held steadfast in the face of Castle Creek, and to the newer investors, 'Welcome aboard!' The ride is only beginning.
Predictions of stock price for the next year or two are very difficult. The company has predicted quite a ramp in revenue as they expand capacity, and that will be occurring simultaneous with the final packaged products finally hitting the streets in quantity... so who can say what Momentum may bring, the second half of 2001? In the meantime, I see much more upside than downside, and am sitting tight.
Thanks to all who contributed their time and energy to provide the thread with the information needed to make the rewarding speculative investments.
And a very warm thanks to FMK ... may the New Year bestow great blessings upon you.
Happy holidays to all from a road (and -weary) warrior....
Regards, Rich |
