To be fair they have said that they may need to do a fifth iteration before attempting the MB chip. I would say that the wording suggests that there is a significant chance of this happening. If this is indeed the case then that will take, presumably, another quarter for said iteration.
The current IMEC agreement runs to October correct?
so therefore by definition if they need to do another iteration then they also need to extend the IMEC contract.
should the fifth iteration be the final one and mounting on the MB chip is as straight forward as has been implied then, to me at least, it would seem that the timeline of a MB chipset by the end of the year remains feasible.
as many others have already said the fundamentals remain unchanged.
It is still a very risky investment though and anyone who doesn’t concede that is unfortunately pulling wool over their own eyes.
i’ve held for years and have topped up many times - almost always at terribly high prices. I’ve played it wrong repeatedly, each time thinking ‘this announcement is surely the one that will lead to a significant and long lasting re-rate’.
as such, i’m horrendously over exposed and have absolutely everything crossed that things pan out the way we all want.
habe loved the rhetoric on this forum over the years - anything under 10c is a bargain etc etc.
has definitely influenced me to buy more when I shouldn’t- shows how daft one can be when confirmation bias is rearing it’s ugly yet irresistible head.
evidently I’ve not learned much though as I intend to apply for my full allocation- average down a bit, more eggs in the one basket. No doubt she’ll plummet below 5c and once again i’ll be kicking myself for thinking i’ve times things well this time.
Go big or go home
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