I guess thats why they have been pretty quiet on the JV updates. Not a good read all in all. No surprise the Dental hadn't really progressed as they were sort of alluding to it last report. Pretty disappointing to see no results for the Ballistic Glass and ceramic panels, that was a bit of a surprise as last report indicated they were still working on it, now they say there has been no meaningful progression. Why science didnt stack up, didnt make sense commercially or no one was working on it?.
Seems like the only real opportunities are LIS, WGL, Precious Metals, AMAG. Maybe Strategic Alloys, but I think we will be reading next year that there was not meaningful progression during FY23. Makes sense to cut or shelve the opportunities that are going to take too long or not stack up but now they really need to put the foot down on getting these products to market.
Ann: Preliminary Final Report and Annual Report, page-3
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