Reading between the lines... Nanoco Says Comm
Post# of 22467
Posted On: 07/01/2015 9:25:11 PM
Reading between the lines...
Nanoco Says Commissioning Of Cheonan Plant Under Way By Partner Dow; Stock Up
(RTTNews.com) - Nanoco Group Plc's (NANO.L) shares gained around 3 percent in London trading after the maker of semiconductor materials used in LCD displays confirmed Wednesday that commissioning of the Cheonan, Korea, quantum dot facility being built by The Dow Chemical Co. ( DOW ) is under way and customer sampling is expected to begin in the third quarter.
Dow Chemical is Nanoco's worldwide licensing partner for quantum dots in the display industry.
Michael Edelman, Nanoco's Chief Executive Officer, said, "We are pleased with the progress that Dow has made in the construction of the cadmium-free quantum dot plant in South Korea. Orders for cadmium-free quantum dots will continue to be satisfied from Nanoco's production facility in Runcorn, UK, until the time that the Cheonan plant enters commercial production."
What I take is that Nanoco cannot mass produce at this time.Using Runcorn facility which has limited production compared to a fully functioning QMC facility which has mass production currently of 2000+kgs using one shift.
Nanoco sending samples in the third quarter. ..QMC has being doing this for some time now and most recently with their QDX product..well ahead in this area.
The comment " until this time" is an opening to delay further IMO.
As we have used them as a comparison for quite some time I am elated at our advantage as of today.
I believe a comparative SP elevation for QMC is in order based on these facts alone.
This could be the fast and furious rise we expected now that all our ducks are in line.
Cheers to all the longs. ..those who had the foresight and gutted this out over the years.We invested in a startup years ago with the thoughts it would blossom...As Clay said ...get ready for blast off.
Nanoco Says Commissioning Of Cheonan Plant Under Way By Partner Dow; Stock Up
(RTTNews.com) - Nanoco Group Plc's (NANO.L) shares gained around 3 percent in London trading after the maker of semiconductor materials used in LCD displays confirmed Wednesday that commissioning of the Cheonan, Korea, quantum dot facility being built by The Dow Chemical Co. ( DOW ) is under way and customer sampling is expected to begin in the third quarter.
Dow Chemical is Nanoco's worldwide licensing partner for quantum dots in the display industry.
Michael Edelman, Nanoco's Chief Executive Officer, said, "We are pleased with the progress that Dow has made in the construction of the cadmium-free quantum dot plant in South Korea. Orders for cadmium-free quantum dots will continue to be satisfied from Nanoco's production facility in Runcorn, UK, until the time that the Cheonan plant enters commercial production."
What I take is that Nanoco cannot mass produce at this time.Using Runcorn facility which has limited production compared to a fully functioning QMC facility which has mass production currently of 2000+kgs using one shift.
Nanoco sending samples in the third quarter. ..QMC has being doing this for some time now and most recently with their QDX product..well ahead in this area.
The comment " until this time" is an opening to delay further IMO.
As we have used them as a comparison for quite some time I am elated at our advantage as of today.
I believe a comparative SP elevation for QMC is in order based on these facts alone.
This could be the fast and furious rise we expected now that all our ducks are in line.
Cheers to all the longs. ..those who had the foresight and gutted this out over the years.We invested in a startup years ago with the thoughts it would blossom...As Clay said ...get ready for blast off.
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