Re: My question is....
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by
posted on
May 30, 2015 11:45AM
(Edit this message through the "fast facts" section)
I have been surprised that Shankar don't know exactly the number of NMP lines in the plant means do not pass a lot of time in it before handover.
Process is ongoing since handover and bet strong Litarion technical team will be involved in refining non-NMP process probably justify 9-12 months timeframe + looking for German subsidies to convert from NMP to non-NMP. Anyway they will have to prove to customers (Leclanché at present) they can produce equivalent electrode with non NMP process than actual NMP process. A lot of jobs and challenges in the coming months ...
Bet we will have a relatively quiet period from EFL news for some weeks/months, time to digest acquisition and finalize field test with potential customers in the coming months, as mentioned Andy Ganaphaty "Next two months for us will be very crucial as we complete production design and fleet trials with various customers."
Stock surge from 30 cents to 1$ in three weeks on Litarion news, no need more meat, if confirm EFL is a recovery + commercial contract + separator business could see much more surge, cross fingers and look at june 2009 - april 2010 chart if want dream ;-)
Main problem with stock like electrovaya is that it can surge in a very short time, if miss it too late but need to live with high volatility, anyway Litarion is still greatest last 10 years news and hope they will succeed, Li-Ion field have never been so hot especially in storage area and industrial, new business focus of EFL making much more sense than EV for a small company.
Cross fingers !