PixieI dont want to be too negative, but they actually dont have...

Pixie

I dont want to be too negative, but they actually dont have such plans atm. They have hopes and desires. What worries me is that they really havent announced anything new in terms of their path to commercialisation since July last year. All recent announcements are simply rehashes of earlier stuff. And the "start of manufacturing" announcement appears to relate to a very small prototype contract. I will die if the full year claims the same acheivements without something new and substantial.

I was really disappointed with some of the rubbish in the half year about the Airbus interior prototypes. An ASX company saying something like, "the guys from airbus that we worked with indicated that they would like to work with us again in the future" isnt worthy of inclusion in an report at all. It's like suggesting you are going to marry a girl you had one dance with because she politely said she enjoyed dancing with you. And it inclusion in the report tends to show you really have very little positive news to report. They need to work on their PR big time.

Now we all know the aerospace industry is slow moving so patience is required. But it appears to me that we have danced with many in the room and none have really indicated that they want to take us home to meet the parents. Though at least Eurocopter has asked us to dance some more. Which is a huge postive.

But we have heard nothing of the research into the molecular structure and one has to ask why the british govt invested $1 million in developing new resins for quickstep process. Are there issues with existing resin technologies that are holding back the commercial acceptance of the process? But again, the investment shows that the Brits think the process has potential.

It's a crap market for speculative plays like QHL and trite announcements don't tend to help. And at least management hasnt been guilty of falling into that trap except for the cheeky "starts manufacture" one - unlike many others companies. So we will just have to weather the storm and hope we get somewhere substantial soon. joy o joy!