caldwell interview with pv mag, page-3

Just a few of the many good and up front points...

QThe partnership] has also opened up opportunities for broader discussions across other specialty chemicals that we have a need for.

We believe we are near the top of the queue to be considered for a significant non- dilutionary investment by the Australian Government

We’re talking about the three lead products...glass.steel and BAPV product for indoors using a possible combination of both. 

so we’re not giving away the shares – they’ve agreed that the premium will be justified if some or all of these opportunities come off.

We’d like an opportunity to be able to apply our technology to something similar, if it was proposed in other parts of the Middle East

. At 10%, we have a robust and grid competitive product, although it depends on what part of the world you’re in, because everyone’s
competing in different energy markets.

We’re getting down to somewhere between 10 and 12 cents per kWh, which makes us pretty competitive, especially at retail. In Australia, retail electricity is somewhere around 14 to 15 Australian cents

based on regular conversations with Tata that a commercialization phase for the project will be achieved. That decision is due over the next few months

US$1 million from the Ohio Third Frontier Fund and we believe we’re a prime candidate for the next round of funding, which could be considerably more. New funding will also allow for the introduction of
venture capital to further sharing of development risk.