RE:Q3 Financials for 3 months ending Jan 31,2017 on SedarHad a read. Nothing that will blow you away, but after following (and holding) this thing for over a decade, I have to say that the direction they are headed is the most positive its ever been. For years this dog ran on pure speculation, especially around it's potential inclusion in military specs for the JLTV process and others. Alusion was an afterthought.
Now, 'Alusion' is the main driver of what are admittedly modest revenues. Revenues, however, that have the potential for considerably growth. Growth that has been tangible over the last couple of years alone, and should become even more pronounced if they can leverage that Alucoil partnership and grow their capacity for production.
The Panhard contract, though not huge, is a foothold in the military industry, and may provide an example that other companies want to look at. JLTV was always a pipe dream. This is not as lucrative, but much more realistic for a small southern Ontario company.
Growth of SmartMetal into the auotmotive sector is still speculative, but if you take them at their word, interest is increasing, not falling off. Which is a good sign, especially if they can become a more recognized brand with expertise.
CYM has always been a bit too far ahead of itself. An innovative and versatile product without a market. I am starting to feel that the market for it is catching up. Lot's of investors will feel burned by past experience, but the truth is that all those dead-ends have refined the product to a point that it is now marketable. And to a variety of industries. Not sure it will ever grow into a massive money maker, but it could be primed for a profitable buyout at some point in the future.