4DS Ann: Platform Lot Update
Price Sensitive: N
Date: 4th Aug 2022, 12:30pm
>>> Read announcement:
Google: 4DS Market Announcements
"Third Platform Lot manufacture Following the successful completion of this significant technical work, the manufacturing of the Third Platform Lot utilising imec’s megabit memory platform with transistors continued during the June Quarter. The Company stated it would provide a further update to investors on the implementation of these process improvements for the Third Platform Lot by the end of April 2022.On 29 April 2022 4DS advised shareholders that additional characterisation of the short loop wafers confirmed the decision to release the improved etch process. The Third Platform Lot was scheduled to be processed with this improved etch process and this improved etch process step was completed by mid-May 2022. Recently the Third Platform Lot wafers were successfully manufactured and are undergoing initial testing at imec prior to being dispatched to 4DS facilities in Fremont, California. The Company will update shareholders in due course regarding successful arrival and commencement of testing at 4DS. "
According to David McAuliffe the company should receive the Third Platform lot from imec next week. He thinks there is a much higher chance of success (with the third platform lot), and "if we are successful then we will see a significant rerating of the company".
This is sounding very hopeful for the future. I wouldn't be selling any shares now, at least not until after the results of the testing are announced. (Not financial advice - my opinion only.) Hopefully this provides the break-through we are all waiting for.
Cheers, Deena
