I agree I think FY24 will define the next stage of NC6 as a...

I agree I think FY24 will define the next stage of NC6 as a business.

Their operating expenses are generally quite low, with their promise of potential receipts from the spins moving forward and Jelli Grow sales starting later this year, they may offset a fair chunk of expenditure and improve their cash runway, even if the receipts start small.

The leather alternative is a great addition to their pipeline, success in that space will open up even more doors for future receipts.

If they can stick to their timeline you found in the latest presentation, the next 6 months alone should prove their worth:
Q3-23 -> third Nullabor pilot spin
Q3-23 -> Nufolium update
Q3/4-23 -> Jelli-grow launch (suggested Sep launch so realistic chance of delay into Q4)
Q4-23 -> Vegan Leather sample distribution to partners
Q4-23 -> Nullabor commercial garment launch

Let's see how many of their own targets they can hit... Also thanks for restarting some genuine discussion on this stock! Nice to see people's thoughts again.