‘… pending a material announcement regarding the outcome of the first pilot spin of the Company’s nullarborTM fibre.’
After reading the half yearly report from just 2 days ago (below) my money is on a positive Ann.
‘Production of First 100% NullarborTM Lyocell Garment
During the half-year, Nanollose and Birla Cellulose produced a small quantity of 100% Tree-Free Nullarbor lyocell fibre, which has recently been converted into yarn.
The Company has engaged one of Australia’s leading fashion designers, and a garment manufacturer to design and produce a garment from this yarn, to showcase its revolutionary fibre. Nanollose expects to launch its first garment made from 100% Nullarbor lyocell in April 2022.’
Ann: Trading Halt, page-15
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