Hey Nachers!Yes, a "Stand out comment!!", and does sound...

Hey Nachers!

Yes, a "Stand out comment!!", and does sound promising, but as with all things Blg, context needs to be provided.....

Whilst Giles' comment was a 'sales pitch' to the AGM, thankfully, the good Dr Ian Mann elaborates with his, again, excellent preso -

"We have made strong technical progress over the year working on the Phase II milestones of our collaboration withLumileds. With the faster turnaround cycles on fabrication of LEDs and the subsequent device characterisation bothparties have accelerated the project. While there remain technical specifications to be achieved, the results have beensubstantial to where we have now commenced commercial discussions for the next phase of the program. BluGlassremains confident in the RPCVD technology and will be starting the scaling activities needed for commercialisation inparallel with advancing the LED technical milestones with Lumileds."

So my simple, 'layman's' interpretation of this is that they advancing to Phase III milestones, and have started to talk about a commercial deal, but there are still technical specs to be achieved.

So, as was discussed on HC at the time of the cap raise earlier this year, the timelines to BLG achieving commercialization are still well out into the future. I'd agree with other subsequent posters that BLG are, sadly, still a long way off sealing a productive deal.

Can't see a concerted rally in the SP for, at least, another 6 months.

Until then, we continue to drift aimlessly, hiding behind convenient 'Confidentiality Agreements'....... But at least the non exec directors get a substantial pay increase and there are also plenty of Performance Rights to incentivise the exec's........ .

And BLG have some new toys to play with.....

Probably due for another BS, 'promo' analysis report from Wilsons.

GLTAH. We need it.