BLG chart, page-839

@Surfguy, great technical long term analysis. I too am very bullish of BLG, but my convictions are mostly fundamental.

In a nutshell, since Jim has arrive, BLG has won many Australian Manufacturing and Defense awards( beating the likes of DRO) and has also won a position with the US DoD in the CLAWs hub. They have also collaborated with top industry companies to provide technology and services unable to be provided anywhere else globally. Revenues/commercialization has begun ( European Fab $2m payment and $500k for on going services) and I expect it to accelerate materially into the last 6 months of this calender year, starting with the Claws project, which is expected imminently.

From all this R+D money and the fact the company has a fully integrated Fab in Fremont, large scale production is within sight and a multiple range of customers from many industries will be lining up to buy the products.

The technical target initially may be 16c, but that only equates to $300m AUD ( $200m USD). If the ducks line up with the DoD and the products they require to be developed, the commercial revenues from those products will be eye watering and the MC many times this valuation.
DYOR, all just an opinion and vision.