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Looks like there's a few arses out of joint here this morning.
Next rns should be the biggie with emirates...another collaborator.
Honestly, i have never seen an aim company doing a tie-up with a 40b global and the sp falling, maybe someone has it in for see...
Good post Timc. One thing I'll be picky about: I think the share price IS headed in the right direction. 30% up v 2 months ago. 40% up v 4 months ago. 65% up v 6 months ago. We've been on a rise since the Covid bottom in March. Still a long way to go upwards IMHO but no one knows for sure. I can predict everything perfectly, except the future.
The $5m licence deal with a Tier 1 automotive is hugely relevant, they had sufficient confidence in the product to pay $5m up front. I have said before great validation for See's tech. The share price is a bit of an enigma to be me. I have no choice but to sit tight and watch it play out. Everything, other than the share price appears to be heading in the right direction and once the $ announcements start landing this will be a different play altogether. As posted yesterday this is not just about L3 Harris, we know Emirates are working with See and they use CAE simulators.
Yes, let's put a bit of context to it. Nobody knows for sure, what either of the current MOUs once (if) signed up to a licence will be worth up front but it will be worth something. So, let's use the recent US licence deal which is worth up front A$8 million. Use that and it's minimally A$16 million up front with 8 months for others to licence, which you'd expect.
Then, for context, go back over a year when PM said if one licence deal (Aviation) was signed any funding worries would be moot. So, if there are two+ licences signed up, very quickly funding issues are replaced by.....
Yes bogyo - it was posted/suggested yesterday - by Seeing 2020 !!!
And even in his post he didn't suggest the upfront payment would be 20m.
He merely referenced the CAT deal was $22m "for context".
Why nobody has referenced the most recent License deal with a Tier 1 Automotive OEM is a wonder. Perhaps because it was only for $5m?
CAT deal was a very long time ago, with a different product in a different industry so I wouldn't try to draw too many conclusions from that aside from it does give an indication of what a license deal can look like.
Fund raise is unlikely (I would even venture as far as very unlikely) as we are in a position to release product and licenses to market, we have enough cash to wait for those license deals to be signed, more income is approaching and the SP is not in a brilliant position to raise at the moment so not the best opportunity. I think this is idle worry for the time being.
SEE share price is very odd but once contracts for licenses are signed and folks can see the colour of the money, there is no way it can't respond. To be fair SEE SP has always been very odd.
Bogyo, some evidence to back up your A$20m very good, I can agree with the handsome poster who mentioned the CAT deal.
We also have the (first) global semiconductor license deal MOU.
So nobody on here knows if A$20m is reasonable, let see how it lands. but Aviation and Chip License is all upside as not in any forecast or broker Target Price
It was only posted yesterday.
"
Todays RNS is a license deal as was the Chip co MOU, so I would expect it will be similar to the CAT deal, ie upfront cash for the license and then royalties (recurring revenue ) per unit. This is the ARM model in action, cash upfront and recurring revenue with little or no costs, the cost is the R&D we paid for over the years. This is SM creating revenue streams from its IP, genius.
The CAT deal came with circa A$22m cash upfront, just for context, announced the week before our final results way back in the year 2015"
Maybe saying the agreement details will come in weeks and that it could be anything similar in value is ramping.
Not at all.
The post I commented on was rubbish.
The MOU is promising.
They are not mutually exclusive comments. I don't think you disagree with either.
Anyway - that is enough from me.....
G, but then seconds later you posted that the MOU was "very promising and good news", are you being sarcastic with yourself.
That is fine Seeing - use sarcasm on the supportive post but do not address the original very specific post which I repeat below...
"Because the market does not get yet that this means an expected upfront 20mil payment for SEE in the next weeks"
Surely this is completely unsubstantiated ramping........
This does not mean......?
Who expects 20mil upfront payment.....?
In the next weeks....?
Complete and utter rubbish.
You are better than that Glandore, why is it very promising and good news?, I saw nothing in that RNS that was good news, how do you know we don't need to pay L3harris to be a licensee and we may need a placing at 1.5p to raise the cash to pay for that placing, really surprised and disappointed in you. I will use some quotes below from. a well researched and respected poster as they apply to your super duper rampy ramp ramp.
"Surely this is completely unsubstantiated ramping........
This does not mean......?
Complete and utter rubbish."
(credit poster Glandore)
The Aviation MOU is very promising and good news.