No - the short loop will only be complete at the end of this month.
From the stocksdownunder conference (held on 1 December 2021, around 23 minutes in):
"So our objectives for next year, we’re going through over the next quarter, and that’ll be finished at the end of Q1, 2022. Complete some process optimization, which we’ve identified. So we’ll be making some changes to the stack in terms of a mask, which is just changing the pattern so you can simplify the pattern on the surface of the material, and do some etching around that. So that’s a process that will take sort of two or three months. So we’re getting starting to gear up for that now. That will start in January, and should be completed by the end of Q1.
We’ll then look to start taking those, what we’ve learned from that into the production room in IMEC. And it will take three months for that to actually be manufactured, and we’ll make a number of different wafers doing that. And then the outer fab will be in early Q3, 2022, with some readout not long thereafter, and hopefully, you know, demonstrating that we have a megabit macro at that period in time."
It takes a brave soul to sell out a week ago based off preliminary chinese whispers from Imec.
We should get an announcement in April about the success / failure of the short loop and commencement of the fab, or alternatively further delay.
4DS Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)