Agree Lino; the tech is great, and the market is well primed. There are doubts about management's ability to drive timely commercialisation, but the market pull may simply drag us there anyway. They really need a driven commercial/business manager.
But they are really good at doing a lot with a little on the tech side, and if they can get at least one product up that can cover the small outgoings they should be able to add key people without too much further dilution.
I must admit that I find it a little odd that they seem to have keen partners in Orta and Paradise that would probably take the available supply. But they appear hindered in getting that supply to them. Now if these customers want it, there's a deal to be made on getting cash up front you would think, but no signs of that. This is where a commercially savvy operator would turn potential into action by working deals, and the aspect that continues to frustrate me. But I think the tech is so good, the wait will be worthwhile, and there are signs they are finally seeing a need to move on the commercial side.
Huge pent up demand, and great products to satisfy that demand should equal success. They need to show they can do it over the next 6 months. If they do, this will see a significant re-rating.
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