Think there’s two points that would make shareholders comfortable that the team are progressing ASAP. As follows:
1. Management and Directors hold a significant number of shares so they too want to see SP accretion
2. There is a JV partner (Heitteich) that pay for 50% of development costs, so pretty sure they are expecting progress and a return on their spend
As Barnes explained, the delays sound like they are more external approval related. All potential customer reports are that the APAS machines are exceeding delivery expectations.
Think there’s two points that would make shareholders...
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