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WESTAIM CORP Message Board

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  • jan31 jan31 May 4, 2004 2:40 PM Flag

    LG Electronics to Invest in Plasma TVs

    1. You are right It is always tough to transition from R&D to manufacturing. Hence the pilot plant. The proof in the pudding is in the eating, though. Fair enough.

    3. Slower than what? Jumping straight to commercial manufacturing without knowing how to do it with maximum efficiency? Why?

    "So far I haven't heard anything solid about potential partnership of polit plant."

    Did you mis-speak, or is the following not solid enough?

    "February 3, 2004 � iFire Technology Inc. today announced it has reached a US$10-million financing agreement with Dai Nippon Printing Co., Ltd. (DNP) of Japan. The funds will cover one-third of the capital cost to upgrade iFire�s Toronto facility to enable pilot manufacturing of product-quality mid-30-inch sized flat panel displays."

    You: "The good thing is if it works, westaim can harvest all the fruits. However, I don't think it's a good idea to do it alone."

    same WEDX PR: "It is the intention of both parties that the financing relationship will be resolved as part of an expanded commercial agreement as the technology moves through pilot and into commercial production, or through repayment by iFire."

    So you agree with WEDX.

    "2. $40M Canadian is not enough."

    Why not? iFire and DNP have explicitly stated $40M as the cost (see above).

    Nic

 

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