A news vacuum has obviously opened up debate on this topic. At the end of the day any rebate is a bonus and what the company needs to focus on is sales that allow us to be independent of the need for rebates, funding and additional cap raises.
Worse case. scenario is we need a capital injection a little earlier than anticipated. Best case scenario is we get a full rebate of around 7m followed by Claws funding for RPCVD followed by repeat meaningful orders for Micvd laser diodes.
Real progress will be the successful implementation of RPCVD and the new applications this will make possible, after all this was what Bluglass was established to develop.
ps. I have 100% more confidence In Jim as CEO than our previous leader and the two Jim’s are making a good fist of communicating information to shareholders to date. My holding has doubled as a result. Let’s just let this run its course. What will be will be.
Being Open and Transparent, page-10
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