The more valid question to ask is how much of the forecast revenue is actually dependent on getting the chippie. From recollection first revenue was slated for July - what are we expecting - and additional revenue later this year. I have stated the key is signed contracts with forecast revenue to underpin SP growth, hence when they did their roadshow late last year, and when speaking about revenue in the Prospectus, how much, and how much of that, is actually chippie dependent this year and next. I would have thought the chippie would be announced and/or was secured when we were relisted so that the revenue was 'banked' assuming signed customer contracts occurred (i.e. you can't either sign customers up or bank revenue if the chippie is not guaranteed). With only an MOU, and in all likelihood no signed deal for possibly up to 3 months in that regard, what has this done for revenue projections. Suspect we won't see 10c in the coming month or so until this question become clearer (or at least a chippie has been secured in a watertight contract even if they don't want to be named).
XPE Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
