@Tradingday Communications refer to manufacturing (not testing),...

@Tradingday
Communications refer to manufacturing (not testing), refer to correspondence/articles……

“The delivery and installation of the new autoclave next month will help greatly, but the new hydraulic press will really transform CIB’s operations into a world class manufacturing facility.”
“PPK and CIB greatly appreciate the support shown by the Federal Government,” Mr Levison concluded.


https://www.australianmanufacturing.com.au/craig-international-ballistics-wins-1-8m-mmi-grant/

1			Craig International Ballistics wins .8m MMI grant “This is a very exciting time for CIB. Current demand has pushed operations close to capacity and we expect to see this being maintained. “The delivery and installation of the new autoclave next month will help greatly, but the new hydraulic press will really transform CIB’s operations into a world class manufacturing facility. www.australianmanufacturing.com.au

“CIB, which is partly owned by the ASX-listed PPK, also recently signed a three-year supply agreement with “a leading military customer”. In the past, CIB has sold removable armour the Australian Army’s Chinook helicopters to protect the crew and passengers from any small arms fire encountered during combat operations. The company was also soon to receive a five-metre autoclave which would allow it to diversify its hard armour plate products and grow revenue. PPK said it was also continuing its investigation to using its BNNT technology into body armour."

https://inqld.com.au/business/2022/04/13/company-going-ballistic-over-demand-for-military-products/

		Company going ballistic over demand for military products - InQueensland Gold Coast-based Craig International Ballistics is anticipating a three-year boom in demand for its military products and recently shipped off 50 pallets of armour plates to an international customer in the past six weeks. inqld.com.au

Two other projects did not progress substantially last year and will be part of a strategic portfolio review for the upcoming financial year: (1) to blend BNNT into bullet resistant glass, and (2) to blend BNNT into ceramic and polymer materials for body armour. What is important is that we take the learnings from each of these projects and apply them moving forward through a continual learning loop. The aerospace autoclave has been delivered and is being commissioned and will be a welcome asset in the future. Preliminary Final Report and Annual Report Ceramic and polymer materials were the materials attempted to be blended for body armour…….(from PPK 2022 Preliminary Final and Annual Report)

The purpose of the armour was not disclosed…….I would think that a softer material (like Kevlar) would be the material to be blended with BNNT for bullet proof vests.

{Note the language highlighted above compared to the language used around Dental ("Project halted") from the Annual Report (previous paragraph) pg.6}.........

The CIB/BNNT information could have been mistaken by some - I read it positively (learning, progressing)......

In WG Presentation potential applications – enhanced ballistic products, radiation shielding fabrics, toughened fabrics…..&
WG……..Stronger and lighter ballistic polymers……(from PPK 2021 Annual Report)

We know the Autoclave was built and delivered from the USA.....

Continue to buy any dips.

IMO DYOR