Thanks. I'm a bit of an introvert and get bored easily. HC has been a good outlet. One of the things i subscribe to in investing is that you should only invest in companies that you can truly understand. It's possible for a lay person to wrap their head around what NC6 is offering.
I took a small stake in NC6 around 12 cents and averaged down until 2.5 cents when I more than doubled my holding. It was a big risk as NC6 is now about 30% of my portfolio.
I am seeing it as increasingly less risky. The Grasim agreement was a big de-risker, but there was still a lot of risk. Today's announcement truly means we are in bed with the world's biggest rayon maker. They have validated and improved the product. I will still feel a bit uncertain until someone has used our product and has a product made by our fibre in stores. I imagine that to be somewhere towards the beginning of 2022.
It's good that someone with a bit of knowledge of the industry appreciates the company. I suspect you've got at least three months before the pilot run is finished and probably a bit longer before the first supply agreement. Don't wait too long to get back in though, or you will miss out on a bit of a jump
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