SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zenyatta VS Canada Carbon Board -- Ignore unavailable to you. Want to Upgrade?


To: CantwaitforPEA who wrote (451)9/14/2016 4:37:31 PM
From: the Chief1 Recommendation

Recommended By
CantwaitforPEA

  Read Replies (1) | Respond to of 603
 
Let me help you out here.

1) The new Xe-100 is not completed yet, its under construction
2) The graphite we provide is not delivered yet
3) Once we operate in a functional Nuclear Reactor, then it "would lead too further high value applications".

Nothing nefarious or disjointed about this. Southern Nuclear and X energy are working together under a $53million dollar contract to produce a smaller Xe-100 for portable use. This contract was awarded in November last year and not formally signed till June of 2016 with the DOE. Southern came on in Aug , we have now arrived in September.
If they cannot get the vessel to downsize then obviously the program is a bust. However, assuming it would downsize the could vs can is correct etc etc.

So whom is part of the new Xe-100 is

Xenergy
Southern Nuclear
and a little known VSE stock by the name of Canada Carbon



To: CantwaitforPEA who wrote (451)9/14/2016 5:06:13 PM
From: stuffbug1 Recommendation

Recommended By
jiggydo

  Respond to of 603
 
CWP, I applaud you for carefully reviewing the news release.
Here are my thoughts - I have no intention of going through each sentence with a fine tooth comb.

1. Focusing on the big picture, it is obvious that X-energy will be testing its reactor design.
2. If the first test is successful, they will in all probability want to conduct a 2nd (maybe even a 3rd) trial.
3. It appears that X-energy anticipates conducting a second test prior to the commencement of CCB mining the Miller deposit. Thus, they required assurance that CCB would be able to produce additional samples in a timely manner.
4. CCB will deliver a 12kg sample of ultra high purity graphite to X-energy. What X-energy does with that sample is up to them. They could use it all for their reactor test or maybe they use most of it for the reactor and the rest for verifying the physical properties of the graphite. You can bet there will be a quality control program if and when X-energy eventually goes into production.
5. This is a test of both the reactor design and the Miller graphite. It is entirely possible that the reactor test fails even though the graphite composition is perfect.



To: CantwaitforPEA who wrote (451)9/14/2016 5:10:50 PM
From: the Chief  Read Replies (1) | Respond to of 603
 
I think you should know that the USA is about 4 years behind the Chinese for Pebble Bed. The chinese have already baselined their design and are already building their Pebbles. US is still working on a baselined design. The DOE contract is to provide X energy with sufficient funds to scale a working Pebble so that they end up with one design for all sizes. But scaled appropriately.