The recording is now here on soundcloud:
I don't really want to provide any more motivation for negative sentiment, but I have a question about military. Specifically Dr Bob's comments from 11:18 - 12:38...
This was news to me. It sounds like some sort of tox-screen process has to be gone through before the LUE (field trial) can take place. Seems odd, given they'd already done a LUE and said that it was just the material that needed to be improved and that the chemistry was fine. I suspect this alone is enough to keep the share price suppressed for a good while yet unless something comes out of left field. Any military contract sounds a long, long way off. Even though the good doctor said he expected a quick approval, it's still another hoop to jump through before the LUE can happen.
I would have liked clarification of the status of all current target markets. Maybe I missed it, but what's happening with transport? Apparel (revenue expected late 2017)? Carpets? It would have been good to get a quick comment on where each is up to. I've listened twice but I don't recall a mention of resins? That was potentially huge, but UL certification is taking forever if that's what the holdup is.
Although all that is negative, I like the initiative of webcasts, and I think it will help refute a lot of the rubbish that gets posted here as fact. I'm still positive about the future for the company, although it appears I'll be waiting longer than hoped to get to my target price. What a luxury to be accumulating at these levels like someone appears to be doing. I remain confident we'll get there eventually and fortunately I'm not in a rush.
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