To be fair previous CR cannot be attributed to Jim Hadon - I see Giles Osborne as the perennial culprit - James Walker put his hand up once Giles had gone. I guess a big credibility gap o he old lot since we were promised working product last year but in retrospect we all should have realized that a prolonged testing period was necessary and to hit the target first time with a products (without some iterations) was over optimistic; I put that down to Giles.
A least this CR we have something tangible (and logical) to acquire (a Fab) and i can see that you have to grab such an opportunity when you can - had we waited until the Laser Diode were proven the silicon valley fab would have been closed and the opportunity not on the table. At least now we have a presence in the USA and our own production capabilty - sill risk though in that our laser diodes still need to be reliable, but if the competition have a reliable product it should be possible and hopefully Jim Hadon knows what to do and has contacts in the rightt places.
Nothing is certain in life and this is still a big risk with potentially a large return - but this is NOT investment advice DYOR and don't put in money you can't afford to lose.
