brr weds 21st, page-16

Well I assume (hope) they are only doing this to bolster their equipment line.

As per my original thoughts, if Dyesol could have an "off the shelf" automated production line they can sell to anyone with a shed who wants to get into the DSC business, then that is a pretty good way of quickly getting a new customer up to speed and ordering the muck. So if that is what this is all about, then all good.
The current projects with Corus,Timo etc are all shared IP, so it is not clear who would own the production line IP, but I assume they couldn't just take it wholesale and sell to another customer, so this makes sense for them to develop one they can.

Jaded, 20,000sq/m is tiny, on the $75 figure we have seen its only $1.5m a year. Corus/Pilkington are talking billions of $
At least I guess that will keep the costs low, but its the time wasting for an unclear benefit that is the problem.

We can be sure this isn't a plant to make muck, so we are still looking at Merck to do the commercial supply for Corus. This is definitely a plant that will make "cells" in some form, we just don't know why, and why so small.

As long as they can get Corus into production without another raising to fund these side ventures, then it doesn't matter. I say it all the time, it's about Corus for the next few years and provided they do not stuff that up, they can do what they like in other parts of the world.

On a side note, interested to see this Qtrly, hoping there might be a surprise increase in muck and equipment sales. With so many irons in the fire they need supplying somehow.