@Flectional . Yes, little choice but to look forward, and I hope that sentiment shown in the share price and commentary has been heard by the BoD. PH has been the most open about ‘where next’ in terms of strategy and time frames, be it through a series of podcasts rather than via official announcements.
We hear from PH that it is possible to get a commercial transaction even before the design work is completed by Infineon. The question I have is, what is the likelihood of a buyer taking our tech on before we are able to ‘fully’ characterize our memory cells from PL6? How could they possibly know what it is capable of without that data. We can’t fully characterize until Infineon have designed and then built a custom control/access device I would have thought.
So realistically, are we really still in for a two or three year development runway from here?
The commentary on HC, with the all guess work that has been expressed is proof of the information vacuum that we operate in. We spend our time constantly picking over the wording of official announcements which trigger more questions than they answer because of the way they are written.
I am keen to know if we are still looking to find a ‘development partner’ with the emphasis on ‘partner’. I’m not sure Infineon fits the strict definition of a partner (ie. sharing costs ). I think the language our BoD uses in regards to the term ‘partner’ has major implications for shareholders expectations regarding the need for future CR’s or whether some funding comes from our partner. DM himself has said in the investor presentation that I went to that, the ‘development partner’ could end up being the
eventual buyer.
Let’s hope some lessons are being learned and the information flow dramatically improves.
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