RE: The Problem imho versus ThermoPostash I do agree. Market today apparently reacted on "4x capex" and now what? Where the money will come from? IMHO answering the financing question is the near term concern. If NPK can get financing similar of MBAC (large local bank and more important with BNDS), it will not require major dillution and market will reward us with a fair sp.
Regarding TK decision, I remember reading somewhere CV saying that they would choose between TK and NCl to start, not both at same time, but they want to do both in the long term.
I agree that starting with NCl would be the most expansive but less riskier path, since there will be no doubt about the acceptance and effectiveness of the product. Also will be the real proof that the Cambridge process works, increasing the value of the patent and the chance of getting income from it.
good news imho... Just we need to be clear about the financing...
glta