The Foundry – Status Update

Categories:
General

Status Update as at December 2021

  • Investor meeting held on the 30/09/21 with IQE to discuss yearly results and future forecasts, Board meeting held 15/7/21 and board tour of site held 30/9/21
  • First rental payment received from IQE
  • CSC Foundry – New Board Member Briefing
  • CSC Foundry Accounts 2020/21 audit completed
  • Further discussions with IQE to assess the timeframe for remaining drawdown and option to purchase the Foundry
  • Completion of SIPF/CSConnected due diligence

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