A3D aurora labs limited

Ann: Aurora Labs completes prototype of Powder Production Unit, page-14

  1. 14,120 Posts.
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    CB: " there is less fundamentally here now than there was at IPO nearly 2 years ago at 20 cents."

    Seriously is that a joke?
    Right now we have:
    1. a fully functioning SFP with sales (at IPO not even fully built).
    2. a completed MFP prototype using the LFP technology. Working, printing. (at IPO it was an idea).
    3. A BINDING agreement with Worley Parsons (at IPO nothing).
    4. A collaboration with the CSIRO (at IPO nothing).
    5. An agreement with DNVGL to certify printed parts (at IPO nothing).
    6. Currently around $7M in cash with possibly another $3M to come via SPP (at IPO a mere $2.8M less IPO costs).

    Fundamentally the company is now in a far stronger position. The proof is stated above.

    I'm all for hearing negatives but please.....
    Last edited by melua: 02/03/18
 
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