Yes thanks redgum. They've actually achieved so much since IPO...

Yes thanks redgum. They've actually achieved so much since IPO it's easy to forget some things.

The share price IMO is weak for two reasons which have nothing to do with how the company is progressing.

1. The market for small caps in general is awful. Has been for a couple of months now.
2. The company has just done a substantial capital raising and as we know with most CRs the price weakens to that level and sometimes lower very quickly.

I'm still a large holder of shares and options and tbh I'm really comfortable with the way things are progressing. The board is strengthened and there is serious progress on the MFP/LFP technology. It is under development but the thing has been built and is printing and it's printing 10X faster than the first lot of prints. If you build a brand new Formula 1 racing car do you put the beta version still under development out on the track and immediately crank it up to 250kms per hour? I don't think so.
There is a methodology being carried out here and now the company has more than enough funds to either prove they can print up to 100X faster or they can't.

The PPU? That has the potential to be a serious cash cow once fully developed.