Great video. The thing that really stands out for me in this video (and all the others) is Mo's confidence in achieving the outcome and that he isn't buried in the lab. My take it on it is that, it's hard yaka but he knows it will work from his PHD so he doesn't need to be be in the lab. He's got Martin et al in the lab grinding out the outcome so he can be on the CEO circuit chasing the deals. Given the rate of progress, I'd be surprised if we make it another 18 months without some sort of commercialisation partnership for 12CQ or A1 bio.
I like the deal on the remaining tenements. Makes sense on a number of fronts - attracting more pure play investors etc. Would have been ideal if Archer could have got some more cash for the kitty but they did the right thing by shareholders. It could mean a CR down the track but maybe we have enough cash to get where we need to. Or maybe it's some restructuring in preparation for a deal.. The Archer story just gets better by the week.
The news about the error code breakthrough is a cracker too. One of the big software hurdles for quantum. I'm sure IBM and the other software developers will be all over it, paving the way for the hardware developers like Archer.
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