From a technical stand point, the FFI process offers a unique opportunity for Forward Composites to develop a specialised high volume manufacturing process with potentially strong IP protection. However, from a business perspective, further appraisal of the commercial opportunities, investment funding requirements, cash flow and resource commitments is required. Based on this information, Forward Composites has taken the decision not to proceed with Phase 2 at this stage, with a view to further evaluating the technical challenges and market place where the FFI process would be best positioned. The company must further assess the affordability of investing not just in the development project but also in the capital investment for equipment. Once this has been critically evaluated, an application for Phase 2 funding may be made.