Looks like they're about 2 years behind schedule...

Looks like they're about 2 years behind schedule predictions made in 2020. If we add an extra margin of error maybe we get Phase 3 002 readout by 2025.

At this stage I feel neutral about the timeline. The past 2-3 years have been unusual on the world scale and also a bit weird on the company scale with the CEO swapping. Of course I don't want to just explain it all away blaming "world events".

In my experience with project management, project delays are unfortunately more common than not. It's not great but it seems to be human nature.

Looking at that previous announcement it also mentions many many topics that maybe now have fallen by the wayside or aren't progressing or maybe are progressing quietly in the background.

I think as long as the company pulls through with the big hitters - OA phase 2&3 showing undeniable results, MPS deal giving us revenue, followed by OA big-time-deal, then we good.


And side note... they really have invested in branding and marketing haven't they? I feel like this is the work of Marco? Did the slides turned dark once he was around? they're doing heaps more Twitter now and their website has some very fancy scroll animations, at least on mobile.