Hi Bigadds44, . I certainly feel it’s great to see that the company is showing diversification,seeking other ways to utilise their own resources to enter other markets. Mullite fibres may only have a market potential of 2.9 Billon US by 2032 ,not a huge market by any means compared to VHD, though still has the capacity to produce serious funds if they can pull it off.Below is a copy of a paragraph out of the 23/3/2023 Report,certainly adds to the excitement of things I feel.
the recent appointment of Professor AndrewRuys, a globally renowned expert in oxide and non-oxide ceramics, GCM now has the capability toprogress advanced material technologies such as the mullite fibres. With this new capability, theCompany continued to review its previous research with an intention to define a pathway tocommercialisation for its single-crystal mullite fibre technology.
GCM Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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