Appreciate your insights.
I suspect that is what IMEC told them last year i.e. we are very excited about the potential of what you are developing, but it's not commercially viable until you get to it work at 20mm. We are happy to fully support you in achieving that objective, and if you do, we will walk you in the door of Industry heavy weights. IMEC may have also provided guidance regarding specific target markets i.e. AI.
I can understand the Company not wanting to give 'full disclosure' on this information, so DM says "they don't want to been seen as showing favoritism". Probably more that they don't want to be promoting tech that's not commercially viable (at present). When viewed through this lens, the Company's development objectives for PL5 and PL6 make perfect sense. Obviously they will want to maximize value from any future sale (in possibly 12 to 18 month), hence the need to get the SP off the canvas, so our starting valuation is more like $1 billion rather than $200 million. Hence, they have engaged a PR Company to promote us to retail and Institutions. As I have said before, we seem to be moving in the right direction with development and marketing strategies.
It has been a frustrating journey for LTHs but we appear to be on the last lap now.
AIMO / GLTAH!
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