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Ann: Quarterly Activity Report & Appendix 4C, page-53

  1. 6,262 Posts.
    lightbulb Created with Sketch. 1530
    Nah.

    Doubt it.

    even as they launch PL4 they will have enough cash as is.

    One question to ask may be:
    Does the company expect to negotiate a further 12 months extension with imec?

    I would suggest the answer is yes.

    even when PL3 blows our socks off with results, they will continue to refine whilst they simultaneously launch the commercialisation/ negotiation process.
    That means PL4 will start at Stanford/ imec whilst invited participants get to play with demo chips.

    A TO offer could land on BoDs desk whilst PL4 is still in the oven.
 
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