Antti and Kaisa’s quick comments on Spinnova’s H2 results. 
Spinnova released its H2 report this morning, which was the company’s first full reporting period since the decision to terminate the Suzano cooperation. For a development-stage company like Spinnova, short-term figures play a secondary role, so focus in the report was particularly on comments regarding the development of the technology’s cost-competitiveness and consortium building. At first glance, the company seems to have made clear progress in reducing technology production and investment costs in H2 (incl. a 50% drop in energy consumption in MCF production). However, the time remaining until a commercial breakthrough and/or the difficulty of overcoming obstacles along the way remains very hard to estimate, even in light of the new information.