Technical Update?14 Dec 2021 11:58
Revolutionary
I agree the language is ambiguous - is this a technical update at all? The more I read it the less it seems to be actually saying. "Good progress" can mean anything. It's all very well listing the tasks involved but we knew that was all taking place from the last update - but what actual progress has been made? Without some detail it is not a "technical update" at all.
If the treatment room has been "completed" that sounds good, but what does that actually mean? Could be the paintwork is finished. To say that the L-PPS system has been installed in it, but then to say that it's being tested and so not yet commissioned is not exactly "completed" is it? I don't think this will have much impact on SP, it will take some real news to do that. Bear in mind also that all those 25p warrants will get exercised before July and profit taking may hamstring any rises when good news does get out. We're still in this for the longer term.