Ann: Platform Lot Update, page-64

Thanks Numantu, for reminding us what the original timeline was.

I was trying to find it in previous updates, but it was in AGM comments.


So, no extension of timeline for PL3 results, as they set the result announcement(s) date(s) very confortably for them (from September to December).


Next thing to look at is the collaboration agreement with Imec : will it be extended or not ?

On November 2021, they said that :

" Imec and 4DS have negotiated to again extend the collaboration agreement to the end of 2022.
Under this agreement 4DS has committed to pay imec an additional 600,000 Euro for the first 7 months

in 2022.
In August 2022 imec and 4DS will review the requirements for the balance of the year. "

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02447384-6A1061042?access_token=83ff96335c2d45a094df02a206a39ff4

If they don't extend the agreement in August, it will mean that we are out of imec, at least for this part of the job.




A few thoughts, if I may...

1 - In Q3 2021, they took a lot of time to disclose the importance of the etching problem to shareholders.
If fact, they only explained the problem once they had found the solution.

So, imo, we will not know if anything of importance happens (good or bad).

With 4DS, real issues are not for shareholders to know.
We are only served with a package (problem + solution).

The management has never been too concerned about disclosure obligations.

Imo, they will start to negociate a commercial deal - or some kind of association with another company - as soon as they have enough results to show (even if those results only warrant some niche developpment).

And, they will probably announce a deal negotiation before releasing tests results - if they ever release these results ...

This is because they must either sell the company (or IP) or - more probably - make a transition to another business model.
This is a vital issue for 4DS and, imo, they will deliver.
KH won't be there if a miserable failure was still in the cards.

Not a very confortable situation for shareholders, though.
Specialy as we enter a three months period with no news.

But I suppose this shareholders hub is there to keep shareholders confident during this long blackout period.


2 - I noticed that volume on Chi-X has gone up.
This volume used to be around 50% of ASX volume and it is now around 80%.

- Does that mean that US shareholders are now more interested in 4DS ?

- Any leaks from people we are currently talking to ?

On the other side, shorts are slightly up also (0,01%). Traders hedging their bets ?


For now, let's see if they extend their agreement with imec.





(Ni financial advice)