So NanoDiagnostics have asked Sensera to start the ramp of sensors in Q1FY22 ( July - Sept this year ). Some thoughts as to what this may actually mean , as it is a very pointed comment to make in a quarterly report:
1) scheduling into production plan.
2) ordering long lead time materials
3) committing to purchase any new foundry equipment required for volume production
stating the obvious, NanoDiagnostics can’t go to market with current solution if Sensera goes bust. They will be very cognisant of our cash position. I imagine such a request, if requiring financial commitments by Sensera , would need to be accompanied by matching financial commitments by NanoDiagnostics ( ie. order down payment! ).
”Ask” = “commence” in my book. Seems to be a much stronger comment than “expect to start in the future” as per the last quarterly.
GLTAH. IMO
SE1 Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held