SMN 2.90% 71.0¢ structural monitoring systems plc

they said this in june Finally, perhaps the Company’s primary...

  1. 734 Posts.
    they said this in june

    Finally, perhaps the Company’s primary operational goal for 2016 is to negotiate an agreement, or multiple agreements, with an OEM, operator/carrier, or fully integrated global aerospace company that will definitively provide the scale and path to material global licensing/royalty revenue for CVMTM in fixed-wing and rotorcraft, both commercial and military. Such agreement(s) could be constructed unilaterally or multilaterally - with any number of our current, or potential, partners. The Board’s preference, at this juncture, is for a single, unilateral agreement. The Company can now announce that we are formally in negotiations to execute this type of agreement with such a counterparty. These negotiations are evolving and ongoing, and given the complexity and importance of the agreement, the final execution will likely take a few months to finalize. The Company looks forward to providing key updates to shareho

    ASX did not demand to know name then so surely cannot be that now. I would love some clarification around time scales etc, but just cant see what the asx would want.
 
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