In the annual report, on page 2, it states "the company has continued to develop the market for the technology with the award of the largest contract in the history of the company since incorporation resulting in the company's performance to date being substantially ahead of operating revenues generated throughout the entire financial year of 2005. The contract demonstrates the potential of the technology and represents a step up in the size of revenue contracts available through commercialisation of the technology"
Did I read that right? Have they already generated more revenue since the 1st of July than they did for the whole of the 2004/5 financial year, which was just under a million bucks???
I have not had the chance to have a detailed read yet, but if I have read that correctly, it must be from the IEV deal.
NMS Price at posting:
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