The latest ANN out states that single crystal material hasn't been achieved yet.
The fabled single crystal was originally time tabled for completion in April - May 2011. Then they blamed it on the tool down time for its delay.
Now it's still in the short term category but this time with no date attached. So we could still be in the same position in another 6-12 months down the track.
Back in 2008 the current CEO said that commercial verification was close at hand. What a clanger that turned out to be. Hope he hasn't just dropped another one.
With no sales at BLG, is he fully occupied?
Best to be skeptical.
BLG Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
