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AK is extremely tight with his cash so this is a very interesting statement. “””The ongoing growth in the pipeline of major new sales projects has given the Board the confidence to start examining options for expanding production capacity””
“However, it should be stressed that the successful completion of licencing negotiations remains a key short-term objective for the CAP-XX management team” Seems there was alot of people on the side hoping for the usual ‘CLANGER’ that has plagued cap-xx interims but this was solid :)
“The CAP-XX research and development team are on track for the delivery of their product development road map, with no major obstacles being encountered. This is especially the case for the development of the 3V product which remains on track for release later in 2019””..... ‘short term’. .As a long term holder im very happy. Good luck today
The sales pipeline for both prismatic and the recently released cylindrical can supercapacitors are at historically high levels and covers several key market segments, including Automotive, Healthcare, Industrial and Tracking. These opportunities are at various stages of the sales process, but provide the Board and management with confidence in CAP-XX's medium to longer-term sales revenue prospects. To this end, the Board has asked the Company to look at options to increase its manufacturing capacity, including both internal and external manufacturing process options