Positive Progress - a Dream3 Feb 2022 12:50
RNS 29 December 2021
“Despite the global slowdown and access to materials, the operating Board believe that the company has maintained a positive progress over the last year in the alternative applications of the Stirling engine and there is strong evidence of the need to refocus our strategic objectives towards these areas …. “
So, look at these words carefully “the company has maintained positive progress over the last year in the alternative applications of the Stirling engine .. ”
I think everyone would agree he’s talking about the solar, marine, cooler, automotive and gasification applications but look deeper there is no mention of what that POSITIVE PROGRESS actually is !
Not a single bit of news regarding the positive progress of these applications. There was so much positive progress that he can’t even drum up a single statement to tell investors what that positive progress was. Why would someone say positive progress has been maintained then totally fail to list anything whatsoever ?
Gasification actually gets a mention
“On 4th November 2020, the Company announced that it is in discussions regarding a possible collaboration with an engineering company with expertise in advanced gasification”
Unfortunately this statement simply tells you what you already know. It’s not new and it’s not news. What it does tell us is, there is nothing to report a WHOLE YEAR LATER !
This RNS is simply a lot of flowery statements that don’t actually mean diddly