Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The following is cut & pasted from the end of the most recent contract RNS. I reckon we won't have to wait too long to hopefully hear that FTC have been awarded the contract to produce!
Good luck!!
The second contract with the same customer is a development agreement to accelerate the design and prototype delivery of an E-band module that would form part of the satellite payload and provide downlink connectivity to the E-band ground station. Subject to successful qualification testing and field trials this module will represent the first Filtronic product designed for space flight and is key part of our strategy to address the satellite element of the LEO space market.
Richard Gibbs, Chief Executive Officer, commented: "We are very pleased to continue our partnership with the leading global provider of LEO satellite broadband services, and proud of the way we have scaled our operations to supply production volumes of the Cerus32 SSPA module for their ground station network. The fact that the customer has also decided to fund Filtronic for their second-generation payload solution, due to be launched later this year, is a further testament to our credibility and expertise in RF design, and our ability to bring complex RF products to market for an aggressive launch schedule".
Don't blame them! They probably bought at about 10P or less, a very healthy profit!!
I’m only a long term private investor and genuinely know nothing. However, the volume of shares traded, along with the appreciation in share price would suggest that something is afoot! Who knows!
Good luck
Too long a story to try and record. I have invested in FTC for about 25 years, not always in but for good chunks of time. The old FTC was high volume low margin stuff, generally in telecoms. the new FTC, especially since the current CEO took the reins about three years ago, is incredibly different. Lower volume but higher margin and there has been a bucket-load of contract wins since about last July. Just read the RNS announcements and you will gain a real flavour as to why the shares are flying off the shelves! I do sense, however, that there is something else driving the current rapid move upwards!! Good luck!!
Fantastic company that has been transformed by an excellent management team. They are opening up new & highly lucrative markets. Well done all at FTC!!
Thing is with FTC though is the potential for extremely substantial & rapid growth across several areas, perhaps the biggest opportunity that is already providing much excitement is Space. Happy to be holding very tight!!
It has been higher but a number of years ago. About 30p in 2017 'ish' and significantly higher many years ago.
I'm no expert but there appears to be an impressive transformation going on in FTC, especially with the Space contracts. I'm a very long-term holder!!
Cheers
Totally amazing!
We appear to be on a roll, hopefully it will continue.
it would be great too, to see another decent contract announced!
Just read the RNS,
Published this morning and very good it is too!
LEO contract announced today. I wonder whether this is the start of something very ‘tasty’ for Filtronic?
Same announcement warns that there will be delays because of semiconductor shortages. Fulfilment delays only.
Extremely happy to hold tight!
1/2 yearly results a week on Tuesday. Hopefully a positive note regarding the LEO tech.
So quiet! We should have a brief update during mid-June with regards to the 31 May year-end. Last year we had a news announcement on the 17th June.
The most recent announcements have all been positive with regards to y/e 22 and sound positive too about the 22/23 year. Extremely happy to hold & add a small few as funds permit!
We’re seeing signs of life - I wasn’t expecting any movement for quite a few weeks - there was a brief announcement in mid-June of last year.
The weird thing is that the underlying business would appear to be growing quite well. Wonder whether we will drift further then be snapped up??!!
Bizarre!!
What thoughts, other than a ‘sinking’ depression watching the share price fall each & every day!! Having said that, I am confident of the longer term, hopefully we will see some update early next month + approval from the FDA!!
That’s the same message that I received today!!
Cheers
Anyone else still waiting for iii to resolve the transfer?