I will have a go
Silicone is not hard to come by - but it is in huge demand ! So thats not the same thing ?? - Nope thats a cost price thing only and is more upon the rare earth miners to increase production to sustain their mines while the demand is high. Mining never has continual booms, they just have their cycles and silicon is in a great one right now.
We are talking to many FAB's (still !), but they do all seem to be at capacity. --Except for the new ones being built plus there are still forward thinking companies in control of the existing fabs.... only a matter of time to find out which one jumps first.
Commercial deals are near, but actually getting decent earnings from these are a long way from the deal being concluded...(do we have enough funds for another 2 years ?)-- Cash burn rate has been steady for past 3 years at approx. 4m pa save current year acceleration at approx. 7m, with 18m in bank plus another 16m in pipeline from options so yeah, but if the chance is given to participate for more, I am in.
Has it made me reassured to carry on holding - yes. --agreed
Do I want to buy more yet - possibly not. --options are still in play.
I am as confident as I have ever been that this is a growth company for many years to come.
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