Ann: Projects Update, page-5

  1. 251 Posts.
    lightbulb Created with Sketch. 11
    Hi all,

    Agreed, strange order of proceedings and grey "fluff" updates/communication.

    Consider also the following :

    Hosted a site visit and received a formal approach from an existing sapphire optics customer to purchase >100% of forecast 2026 sapphire production.

    - at what capacity ? (ie the current 2 units or the proposed phase-B levels of up to 48 units)
    - formal approach/enquiry/letter of intent . . . . . . we need confirmed sales.

    I guess all will be revealed by next week at the latest as per the FID/grant terms. I assume developments here (if proceeding) would possible trigger revised financial estimates given a sizeable impact on the company ?

    Cheers
    Last edited by ethan: 26/06/25
 
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