This is excellent news to have access to such advanced technology, especially when it is in our own backyard instead of having to go overseas. Also, good publicity for Australian market.
The other big question is, was David Young able to save us money in this deal or has he agreed to the same financial terms as the last supplier who was bleeding us dry? Our last operating results showed we are burning cash fairly quickly with all the trials so I hope commercialisation is not too far away!
FER Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held