proof of concept is that a joke? You might need to re-read the IPO prospectus mate from 3 years ago. 3 years ago, they started selling the product and the whole reason to do an IPO was to debottleneck the production? I don't see anywhere labelling CFoam as a concept though, it is a complete usable product that they can produce properly and consistently.
Ann: Strategic US$ transaction and A$ placement, page-25
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