I hate it when management, like today's announcement, fail to give numbers of survival rates and death rates... All they say is 'significant milestone has been achieved', then go on to say 'some' have survived and 'the few remaining'... Then they go on to say they weren't expected to survive the winter months, well this is new to me, we aren't being kept in the loop IMO...
For all we know 2 or 3 only have survived out of the whole batch, which doesn't give me confidence that we can achieve the appropriate numbers for production any time soon...
However, every year we are getting better at achieving our goals, every year there is some sort of advancement, but this advancement is so small, that we might not be able to achieve the numbers possible for commercialisation for a long time to come...
The longer we all have to wait for commercialisation, the harder it will be continually having to raise capital because the burn rate is still high...
I am having severe doubts about CSS at the moment
CSS Price at posting:
8.9¢ Sentiment: None Disclosure: Held
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