AJX 0.00% 1.1¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-9

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    It’s the military that’s keeping me interested in the company at the moment  – but I fear that the military is a long way off from actual sales

     

    Note this comment from the June 4C

    “Alexium is focused on achieving profitability in the PCM business within the current cash facility and to optimize the potential of the Alexium’s flame retardant treatment for nylon/cotton blends (FR NyCo).”

     

    “Optimizing the potential” isn’t sales, it isn’t achieving profitability, to me it sounds more like continuing to progress the FR technology.

     

    I also now have a better indication of when Aleixiflam NF sales could occur and if testing is expected to finish at end CY2019 and then TSCA registration can begin …., well it isn’t soon …

     

    I really don’t think we can expect much on the NF or military for 18 months plus so that leaves as the company has stated PCM to drive profitability and I’m simply not seeing it at the moment.

    Last edited by SebTaylor: 31/10/18
 
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