Do not underestimate the possibility of an announcement completely out of left field at any stage now.PSY have state that they are working on prototypes for "new applications"such as in the mining sector, however,the following quote from their latest release says it all.It just needs to be read, dissected and digested.
"Combined with an upscaling of its R&D resources, primarily at the University of Western Australia, this will both shorten lead times as well as enable the Company to address the overwhelming number of opportunities it is being presented with for its MEMS technology, as well as complete products ready for sale to corporate and consumer markets."
It would appear that psy and the University are working on much more than a prototype for the mining sector and as such,we could get news on any update at anytime..
Expect the unexpected with psy
PSY, page-41
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