For the record I'm glad you asked these questions and thanks for publishing them.
The last point is an important one to consider I think, that there will always be companies willing to take a risk to get an edge. That's business reality every day of the week. That basically is business, take a risk to get a reward. Like Dadi said it's Coby's job to go out and find the companies that want to take that risk.
Like I've said before the three de-risking events now are qualification, first customer and I forget the other one, I think there is a step before qualification. The point is we have moved into a new kind of technical risk and commercial risk, which is why the SP isn't exploding yet, but once we hit these targets, SP will be gonski.
We take these risks as early stage investors to get the reward of a cheap share price. Once the risk is taken off you don't get it cheap. That's business baby.
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