Australia's largest stock trading and investment forum Australia's #1 stock forum

RAP

Click for more information

0.00%

20.5¢ raptor resources limited

Tough hill to climb for sure.... From the conference call, it...

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

First 69 Last

Share
Profile

Follow
Tech goose

2,708 Posts.

505

20/08/17

14:34

Post #: 26616813
Share

Originally posted by Cosmoterios ↑

I would have expected all the problems had been ironed out before the US tests - after all these tests was the prove to the major markets of the world, this technology does work.

And get the much sort after US approval.

Lets also remember they had previously done tests in both Australia and Indonesia - is company now saying the tests in both Australia and Indonesia did not identify these problems?

Or are these new problems only picked up in the US tests?

For me, its one of two conclusions; either the company did not picked up the problems in previous tests or the technology has a long way to go, to prove it is ready.

Furthermore, there is the reputational damage: which US hospital will now participate in the next round of tests, after the recent press release from the company.

IMHO, its going to be a tough hill to climb - to prove to the market and the world, that it has the technology to do the job.

Expand

Tough hill to climb for sure....
From the conference call, it was stated by TK the current hospitals are still on board and are keen for started up the re trials asap, will be running the adult trial in parallel also...time will tell.

Last edited by Tech goose: 20/08/17

RAP Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

NRX

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

Reporting wrap: Inghams, Accent, Mayne Pharma

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

RDN

Raiden gears up for exploration in final quarter of 2024

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

The business of sport: Warren Tredrea's take on this week's news

IPH

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

There are more pages in this discussion • 13 more messages in this thread...

First 69 Last

Add RAP (ASX) to my watchlist

SPONSORED BY