Yes I agree, it is important to make progress at Tyseley to demonstrate the process works at scale. Also some juicy contract/s to demonstrate profitability wouldn't go a miss. lets have some sustained traction.
Could be that on Monday they announce the full commissioning of short loop HPMS facility at Tyseley- after all it was initially mooted for September 2024 and was deferred to Q1 25.
I think there may be a trading/ operational update next week and if there is any hint of having resolved mass production issues, this will jump massively. Currently, it is priced to fail.
Industry is desperate for a second producer of ceramic brakes, someone must snap it up and make it work after so much has been spent in developing to this stage.
Can somebody shed light on the "administration fee" to be paid to Petrochina, - what is the amount and why is it a sticking point remaining to be resolved?
They have rns'd whether the HPMS Vessel has been delivered it was expected to have arrived in September. Be good hear a brief snapshot of progress at Tyseley.
RE: Why are Odd Asset Management selling?2 Oct 2024 09:58
They probably have set rules for their risk management, if any of their investments falls below a certain market capitalisation then they have to sell a certain percentage.