William: I can appreciate your commentary regarding N.I.'s lines, but I've gotta go with Rich W. on this one. The Hanil "gambit" implies they're a lot further along than you think. 34,000 meters worth of "refined" product implies they're just about ready to go. Indeed, 34,000 meters of product scream's they've been doing the line production runs for some time prior to releasing a contracted for amount, no?
About the only thing I'd like to know is, how "refined" IS that 34,000 meters of product? Was it an end product from the end of the lines? Or was it product "refined" only to a certain point, with the final phase to be accomplished by the Hanil folks? Unless someone here can answer this, I feel it's an appropriate conference call question, eh? ;-)
Bottom line is I see the Hanil gambit as a "dry run", a "beta test" if you will, of performance capability. The fact they provide sumthing to Hanil implies that internally VLNC management must be quite happy with the current state of things. Oh.....there's one area I do tend to agree with you on, however, and that is I'd expect there to be a ramp-up period before everything is truly humming on an, "hey, we don't need to monitor this thing all that close...we can stop being nervous" basis.
But I have to bow to the mass manufacturing experts out there with regards to how long THAT process should take.
John~ |
