Yes, fabulous news cementing RC credentials on eventually getting a result. Im sure ALL the board have been busy chasing this one up. This quote..
"The commercialisation rights will involve a significant share of the global market place. "
Makes me think the planned MW output in panels is ambitious. From memory when the Turkish deal was first published plant capacity was to eventually reach 600mw per yr. A couple of us here did some numbers on that and indeed could see (using the usual ratios ) the sp justifying about 80 cents per share.
That said considering we have potential deals in other geographic markets like Korea, China and Australia. There is a good chance of yet more commercial deals over the next say 18 months. Including a metal partner (could eventually be 3) already mentioned by RC) so depending of course on commercial arrangement we may see us with climbing revenues.A true growth stock. Hi PE perhaps. Once we have the MAD line up and running. Iron out the bugs. Replicating on a larger scale should be straight forward. Even more than one at a time if our partners do 95% of the build. Buying our equipment.
Wonder if the Crete installation has wider ramifications and how it fits into the grand plan in Europe.
Things are moving, we seem on track. The company and partners in science will continue to improve the efficiency and stability . The price of our AMPs will become very very compeditive. At that stage who knows what we will trade at.
GSL Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
