Based on this the stock, likely goes down in the near term actually just because it’s QTMM and normal market reactions can’t be expected or explained here. But long term this could be a good sign. It further hints towards the fact that QMC has no supply contracts in place and everything is all “discussions” still. If advancements have truly been being made at Star Park then we will see a similar announcement in about 1 year as Nanoco is a few steps ahead.
But this goes to show that a PR can be announced for a supply contract without disclosing the new partners name. QMC must still only have “potential partners” at this time. If the court cases haven’t held progress up or even better if Steve has managed to catapult ahead in hyper speed then I honestly think we see a very similar PR from QMC by end of 2018. This is very good for long term assuming everything is up and up.
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