R
Hi Fid
I'm back in them this morning @4.5c.
My initial reaction to the announcement was positive and I was going to take a relatively large stake.
On re-reading it a few time, we definitely seem to still be many months away from prototypes and deals that might involve anyone of money, so the spectre of a CR looms large.
Currently without debt, and with possible commercialisation soon, I'm thinking a CN would provide the less chance for dilution while still giving the financial relief needed.
Anyway....I've got my initial stake and will happily average up each time it is further de-risked. I believe a win with this FS on aircrafts will immediately thrust the business into the spotlight and to circa 10c share price territory.
Best of luck to the long termers.
I've got a 3-6 month target in mind I terms of progress. You know me well enough to know I will dump if expectations are not being met/exceeded.
Milesy
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