AXE (ASX) Ann: European patent granted for 12CQ quantum computing chip

Originally posted by Tonza: ↑

If you just watched the Prime Ministers Address not long ago you know why holding companies like Archer can be well worth holding your position in troubled times like these. He gave the speech down in South Australia commending the South Australian Government for their vision, drive and support of Advanced Manufacturing, Technology and especially space access development. I'm in absolute agreement with the drive and the initiative South Australia has shown and demonstrated in bringing in High Tech companies and supporting local talent and manufacturing here in Australia to build on their vision of a more Advance Australian Economy!

Alot of us have known for years now how South Australia was driving the initiative for Advanced Technologies and setting up precincts like Lot 14 and really leading the way for Australia to become a more advance Technology and manufacturing focused country. I acknowledge Chilavert comments regarding Australia must move away from a country reliant on what it digs out of the ground and sell overseas - we need to still do, but also create more verticals in processing these materials here and develop products from these materials and foster new industries and technologies like Quantum and Space Transportation for the sake of our economy in the future.

Archer is one of these companies that resides in Lot14 with many of these High Technological Companies and that was a deliberate strategy by management and part of Archers plan for the future to be in amongst these companies and foster relationships with them as Archer sees their Technology especially being highly advantageous to all of these companies!

It is great to finally have the official announcement on the European Patent for 12cq and the official announcement from Australia will come in time - we all know unofficially it has been granted. Nothing can be done about the timing with world events unravelling, but no matter the markets response this it very much an extremely important piece of the commercial development of 12cq as this now allows Archer to partner with companies and intuitions in Europe now knowing the Technology is fully protected. This will also drive revenue later once successfully commercialized. Make NO mistake - this technology is in our hands and when it's demonstrated to be working as intended in chip format and ALL the Big Tech see the future potential of this Technology ... well of course they do ... well that's when it will get very interesting! It's important to note the company is not there yet and there is a element of risk still, but many new shareholders may not realize that this tech has already been proven to work, hence why many statements from the company add in the " proven potential " Having it work in a chip format is more challenging but we are making alot of progress in this area and overcoming the hurdles toward a commercially viable product.

I acknowledge as an investor that it can make it difficult not having a timeframe roadmap from the company, but bear in mind it is likely for very good reason!. This Technology is a worlds first and has challenges to still overcome but more importantly it refrains from giving competitors important information.

The company is growing and with both 12cq Quantum chip and the A1 Bio Chip Archer is engaging in two growing markets and likely potentially massive markets going forward into the future!

Archer has just shy of $29 million in cash and no debt and on current spending they have 54 Quarters of funding available! That's 13 years at current spend! Now we know they are growing and this will defiantly increase but still it would be safe to say for the next 4 to 5 years they are well and truly covered. These are the disruptive technology stocks you have to look for in turbulent times - very risky indeed to hold companies that will require capital in turbulent times. The smart money know this and many of us have noted those bot's working hard to drive the Share price down on such ridiculous volume but they won't last forever.

We navigated our way through covid and still are and now these current events unfolding. It is worrying times for all .. not just investors. markets are going to fluctuate wildly and there will be panic selling amongst all stocks and it will be hard to keep your cool, but it is equally important to not lose more than you can afford - just as it's exciting and a sense of achievement being in the green, it can also be a sense of distraught when in the red. It's when you cement those losses or gains that count and one of the hardest things for a long term investor is riding these emotions.
This is not financial advise - only my thoughts... but it's so important to do what's right for you in your individual circumstances.

I wish everyone the best here and with your other investments - certainly difficult times at the moment.

Take care and stay safe!
Cheers

Tonza

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Well written as always Tonza.

I’d also like to have some sort of rough timeline for chip development. I don’t think it’s too much to ask nor do I think it gives away trade secrets.
I emailed the company a week ago with this question…no answer. I called the company today…just got a recorded message.
That sort of response to SH makes me nervous.
I’d like know what Mr English is doing all day to justify his enormous salary.

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Last 43.0¢		Change 0.010(2.38%)		Mkt cap ! $108.3M

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Last 42.5¢		Change 0.010 ( 1.16 %)
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Last updated 11.04am 30/05/2024 ?

Well written as always Tonza. I’d also like to have some sort of...

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