RECSI BULL
We just had an breakout from huge IHS and a triangel. Target around 26 NOK, trading now at buttom lines around 16 NOK.
Mcap today is round 0.6 busd, and REC silicon this week got a signed contract with Hanwah, which is the largest shareholder in REC, worth 3 busd!
The contract secures ebidta guided around 100-300 musd from late next year when the factory is in full capacity.
REC silicon has sold out all its polysilicon capacity in Moses Lake to Hanwah, and we are still waiting on contracts for its silane.
Battery anode companies such as G14, Sila Nano, Cenate, OneD, Amprius are all companies that would need Silane from REC silicon in the years to come, and we still awaiting contracts, and REC silicon is most likely in need of expansion.
G14 and Sila Nano have bought land and factory, and are building next to REC silicon in Moses Lake, OneD has an pilot plant just down the road to REC.
Cenate saying they will get their silan from REC, and has big plans in Butte montane for a large silicon anode factory.
Amprius has also mentioned REC in its reports and discussions regarding silane.
The list is long , and as semi and chips act are in place, REC silicon can benefit huge from this also.
REC silicon are in center of 3 megatrends in the USA, solar, silicon battery anodes and semi...
THIS STOCK IS A BARGAIN from current levels...
Mcap today is round 0.6 busd, and REC silicon this week got a signed contract with Hanwah, which is the largest shareholder in REC, worth 3 busd!
The contract secures ebidta guided around 100-300 musd from late next year when the factory is in full capacity.
REC silicon has sold out all its polysilicon capacity in Moses Lake to Hanwah, and we are still waiting on contracts for its silane.
Battery anode companies such as G14, Sila Nano, Cenate, OneD, Amprius are all companies that would need Silane from REC silicon in the years to come, and we still awaiting contracts, and REC silicon is most likely in need of expansion.
G14 and Sila Nano have bought land and factory, and are building next to REC silicon in Moses Lake, OneD has an pilot plant just down the road to REC.
Cenate saying they will get their silan from REC, and has big plans in Butte montane for a large silicon anode factory.
Amprius has also mentioned REC in its reports and discussions regarding silane.
The list is long , and as semi and chips act are in place, REC silicon can benefit huge from this also.
REC silicon are in center of 3 megatrends in the USA, solar, silicon battery anodes and semi...
THIS STOCK IS A BARGAIN from current levels...
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