Its maybe that you do not fully understand the journey for a new industry. Targets to date have actually been met. The first target is building a solid base to launch. The solid base is achieved by building a sound 'living' ecosystem which will be always improved. This is a moving target and BRN has so far built a sold ecosystem. This moving target has been largely met The 2nd target of a solid base is the development of 1st class products. We have Gen2 and TENNs. These are 'living' targets and will be forever improved and new products developed. All reviews of our products have been good. This target has been met. The last target we are still in the early stages but working on. In a fledgling industry such as AI at the Edge the problems faced are market demand for the product and the time from engagement to revenue. Their simply has to be sufficient demand building in a timely fashion. We are seeing green shoots here with Tata, Blue Ridge (Defense was mentioned in yesterday's ann) and Space via Frontgade. The other constraint is the time from engagement to testing and agreeing to a deal. The testing time for health, Autos or any product involving O,H & S can be years including passing Government regulatory testing. We will be luckier with our Space connections as unmanned craft will not require the years of 'human safety' testing. We have already had our chips in space. So our final target of achieving commercial deals is still on the journey with holders in the back seat always asking 'are we there yet' or ' how much longer till we get there'. No we are not there yet. But heading towards it. Yes, there will be holders who lose patience and sell. Yes, there will be punters who buy willing to wait for deals. Yes, we are priced like a business that is not there yet. Yes, there will be punters buying our shares because they see the first 2 targets have been met (ecosystem and products) and understand that our patent portfolio especially Gen2 and TENNs in the AI at the Edge Industry expecting exponential growth is likely worth many times the current SP. Refer to Pitt Street. Everyone will make their own call.
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