WBT 1.21% $2.51 weebit nano ltd

weebit value and facts, page-173

  1. neg
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    About Weebit Nano Limited

    Weebit Nano is a leader in the development of next generation computer memory storage, and plans to become the new industry standard in this space. Its goal is to address the growing need for a significantly higher performance and lower power data storage technology. Weebit Nano’s ReRAM technology is based on fab-friendly Silicon Oxide, allowing the company to rapidly execute, without the need for special equipment or preparations. The company secured several patents to ensure optimal commercial and legal protection for its ground-breaking technology. Weebit Nano’s technology enables a quantum leap, allowing semiconductor memory elements to be significantly cheaper, faster, more reliable and more energy efficient than the existing Flash technology. Weebit Nano has signed an R&D agreement with Leti, an R&D institute that specialises in nanotechnologies, to further develop SiOx ReRAM technology.

    And from the latest announcement:

    "The 4Kb array reliability results were achieved in Leti’s pre-industrialisation facilities in Grenoble, France, The 4Kb array reliability results were achieved in Leti’s pre-industrialisation facilities in Grenoble, France, and were conducted in parallel to the 40nm SiOx ReRAM cell development. The 300nm 4Kb results further increase the Company’s confidence in being able to achieve positive results on 40nm wafers. Weebit Nano remains on track to achieve its 40nm working cell target by the end of 2017. The 300nm 4Kb results further increase the Company’s confidence in being able to achieve positive results on 40nm wafers. Weebit Nano remains on track to achieve its 40nm working cell target by the end of 2017."

    ***** and were conducted in parallel to the 40nm SiOx ReRAM cell development.

    The way I read that is the 40nm is a done deal!

    Whilst we have to endure the selling by the Broker of these options IMO it doesn't reflect the true value and potential of
    the Company.

    Whilst it is frustrating to watch it will present an excellent buying opportunity!
 
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