Ann: Appendix 4C - quarterly, page-6

All,

I think 'caredes' has replied on this one.

His post suggested that in relation to the next steps:
The remaining steps required, prior to publication of performance specifications, are metrological inspection and statistical verification.

We would see some update during the AGM. I tend to agree. From that point anyway they'll have to raise cash, it will be through an insto and will broaden the holding to allow the share price (subject to wafer performance) to hopefully jump.

Remember when the company announced they were close this thing jumped over $30. I'd suggest even in this covid-19 market, with further steps verifying metrological inspection and statistical verification, then share price will jump much higher. If this happens I suspect I will be reading the pissing and moaning about not getting in earlier.

The thing that struck me about this 4C was the lack of info about future quarterly spend. They are keeping their cards very close to their chests, and Fred is a poker player (literally).

Gltah.

leec