Always appreciate your insights.My thinking is that the results...

Always appreciate your insights.

My thinking is that the results announcement may not be a couple of weeks (could be wrong of course). DM has highlighted his trip to the US to talk to Infineon and IMEC. I'd expect those discussion to be held this week. I'm hypothesizing that this is because the 'preliminary analysis' is done, and they're ready to talk next steps and negotiate terms. If this is the case, a trading halt could potentially drop any day now, to halt trading during these negotiations, or after they have been concluded to enable an announcement to be drafted and reviewed / approved by IMEC. Therefore, I'm expecting at TH on or before Friday (or the following Monday at the latest).

@Drswing makes an excellent point with respect to PL5 - I think this was a very significant de-risking lot. Of course it doesn't guarantee PL6 success, but it certainly mitigates the risks. The indications provided by the Company (although somewhat opaque / vague) appear to suggest that there will not be a requirement for additional platform lots. The recent 'vibe' from the Company seems very positive to me, so my hopium is that PL6 has met it's initial goals / objectives (successful) i.e., it enables us to move forward on Test Chip design with Infineon.

The scars from the recent CR are still fresh (right Jock?), so naturally some folks are somewhat gun-shy, and hence why the SP remains depressed. Despite the recent gains, we are still well off the PL4 / PL5 highs, and if PL6 results are positive, we are infinitely better position now then where we were after those results. Hence, I still think the current SP is significantly undervalued. I think recent gains are just as much bargain hunting, as they are FOMO. Notwithstanding, the obvious risks, I think there is tremendous opportunity here for short and medium term gains.

IMO, GLTAH.