aaa1,
You said,
I believe the single crystal material is not far from realisation, if it wasn't why would SPTS be wasting there time and money on the facility in the UK that will also include the retrofit of a field proven SPTS CVD production platform to incorporate the the BLG technology?
In my opinion this company has excellent potential.
=======
Nice spin. It tells me that current BLG management never had any idea where the market was. Blindly believing that just having technology (jury still out) and the world would beat a path.
I asked several times what was the strategy, what was the target price, which means you need to have some idea of sales, profit/sale, rate of uptake...the normal stuff.
Whatever BLG management have said previously, well SPTS has put it in the trash, and instead hope that existing CVD plant can be a skeleton. Way smarter than naively believing that the old already paid-off plant would be junked to make way for BLG. Other than that there was just incremental growth available to BLG, and too small a market. Clearly BLG had no realistic plan for monetising this technology.
SPTS may also be saying that the BLG kit is too expensive i.e. performance incremental performance gains vs costs equation was bad. It also says ramping up full scale maufacturing for complete units is way too big a challenge and the market would slip away during build up in capacity and the production line establishments vs gain was too great a risk.
Too many dreamers here under a spell. Take off the rosy glasses and ignore the siren song of the positive only spinners and start seeing this stock as an investment subject to all the normal rules...you know...milestones, market insight (realistic rather than puerile).
Now its clear who is between BLG and customers. Its not BLG. Now do the sums on what will be left as value for BLG's technology, the show me the money question.
Those who are familiar with this technology and costs and numbers of CVD units out there suitable for BLG technology should run some numbers and post here for everyone's benefit of what the NPV per BLG share is. If not, its a crap shoot in the dark.
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