I agree GJW. The investor presentation on the website provides a lot more detail. I especially like that they are spelling out the project pipeline. Something I suggested almost a year ago. You can’t just make such claims without being able to back it up.
26 project opportunities in the pipeline representing $US90-100 million in value. These projects could lead to large scale manufacturing contracts and product revenues in the $US2 BILLION GaN laser serviceable market. The bigger laser players in this market will be thinking about their prospects and how they can ensure a major piece of this fast growing niche market. Coherent don’t have GaN offering at present.
BLG Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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