Hi All,
Great concept
@WatchNact.
Archer materials - AXE is one of mine to watch.
~230 million SOI
I first bought in over 12 months ago due to the 12 CQ quantum computing chip development, Archer seek to develop a chip that can function at room temperature which would revolutionise the quantum computing space, current quantum chips require cooling of below 200 degrees C. They intend to do this using Graphene as the base of the chip.
Highlights in their Journey thus far:
Signed onto IBM Q network
Patent granted in Japan - Awaiting South Korea, USA, Europe
Working with Max Kelson to develop algorithms for chip operations
Divesting mineral tenements (Archer was a materials company and will soon be a Tech company)
Collaboration with Australian defence prime NIOA to develop missile guidance systems
Plenty of cash due to a CR mid last year
My view is that AXE have progressed 12 CQ development further than they can state due to Patent approvals pending.
The other R&D they have called A1 Biochip or Lab on a chip for simplifying disease detection, again using Graphene as a base, also Patents pending.
Given where the world is heading in terms of AI and the continued drive to integrate humans and technology I think AXE is positioning itself to play a role and be in the right place at the right time, although yes still speculative.
Plenty more I can add but because I am lazy and contemplating a glass of Red Ill leave it at that. Where do I see the SP July 1st 2022, that is a tough question! Im going to go out on a limb and say a $1b market cap, $4.40 SP.
(20min delay)