A Bit of a Disappointing Day

Developing Processes For The Low-Cost Manufacturing Of High Purity Silicon Metals For Next-Generation Lithium-ion Batteries

Achieved final critical milestones, completing a successful silicon pour

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Z_Greek

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A Bit of a Disappointing Day

posted on Aug 02, 2016 09:58PM

Frankly I am quite surprised that the HPQ share price actually dropped today (by 0.5 cents).
The news release clearly states that HPQ is purchasing a 200 metric ton/year reactor to create solar grade silicon metal from quartz. That's at least 5N-6N purity. Why spend $8.2 million on a machine if the results from the initial tests are not 100% reliable? This purchase screams out that the pending lab results are going to be very, very good.

And the HPQ share price dropped half a cent on less than 500k shares trading hands.

Ok.. Anyone want to hazard a guess as to why the big yawn from the market today?