Australian technology developer, BluGlass Limited (ASX: BLG) presents its Appendix 4C for the quarter ended 31 December 2018.
Operational and capital expenditure for the quarter remained in line with the Company’s expectations.
Of particular note, during the October – December 2018 quarter BluGlass invested $1.5M in capital expenditure for the purposes of the Silverwater facility expansion, which was highlighted as an objective in our recent capital raise. This included the purchase of two additional deposition systems, including the commercial scale AIX 2800 G4 for the remote plasma chemical vapour deposition (RPCVD) technology scaling project.
In addition, the Company’s CEO, Giles Bourne, recently recorded an interview providing a video summary of BluGlass’ activity during the quarter. That video is available from the website here
The full report can be downloaded here