AJX 0.00% 1.2¢ alexium international group limited

US Military Contract, page-4

  1. 1,239 Posts.
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    I was quite excited a couple of years ago when they presented in Australia ... it was all "imminent", they were already in production trials .

    Absolutely no progress since then. Nothing. Still the same comments from the company as they made back then, in fact less bullish now than at that point.

    To me, this removes the military from the equation. I don't now believe that there is a military prospect, I don't even believe that there is a fire retardant prospect. ICL can't seem to make anything happen which to me indicates that there is a real problem with the product - either it does not work efficiently or it is far too expensive.

    Either way, credibility for me has long gone with Alexium, 6 years down the track. One of two bad investments I have made ... but ya live & learn.
 
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