production timeline, page-3

Insightful post, Dino. I would go so far as to say volume production, as in the full scale industrialisation, won't truly kick in until late 09 early 2010. But that's only 18 months or so away. In the interim there will be big spikes that will take the price to levels that better reflect the achievements currently underway and still to come, followed by periods of consolidation, as Blackhawk said. Sounds a little obvious, but as you said, the scale of the sjheer enterprise is such that it won't, and can't, happen overnight. 400 million (minimum) syringes a year is not chisken feed.

But it will happen. In fact it's happening now.

Current prices are a bargain.

Have a good week-end.

Blackhawk, if there is a capital raising down the track, and I'm not sure there will be, at least it will be at much higher prices and thus involve less dilution. Personally I think there will be funding through the Gerresheimer JV, with maybe a placement and small reatail offer.

Time will tell. In the meantime, it's all good.