"When you read the quarterly on it's own, it sounds very...

"When you read the quarterly on it's own, it sounds very impressive... Ie a lot going on and plenty of opportunities."

Exactly

When you read it by itself, it reads well but when you start comparing to previous quarters you ask yourself

How long is a piece of string?

No clear timeframes are given. Not even a ballpark figure now.

At the AGM they slipped into the presentation they were targeting a commercial agreement with a US mobile phone company by the end of 2024.
Once again, no mention of this company in this 4C

Going foward, I'd like to see them drop the use of 'partner' unless our scientists are actually working with them OR at least an MOU has been announced to the market, otherwise it's all smoke and mirrors

How can we have 10-12 priority partners but some of them have never ever been mentioned in a 4C?

EV2 is meant to be a partner but it sounds like we've spent the last two years trying to convince them of the merits of Anteo X

Shareholders are asking for a bit more transparency. We're not asking for anything that is CIC but even so rough guidance can still be given for these.

when the company says we are making "great progress with these companies"

apart from EV1, how can we measure that progress? we've been given no milestones to measure them against

it's quite clear now why they went early with CR

if you asked Ewen or David if they have any idea of when the first commercial agreement could possibly be announced they'll most likely say:

we don't know