Hi Taurean7, thankyou for your efforts in pulling all these reports apart - something that I don't have the time to do.
Could I slso present the case that the 18.5 is revenue committed from the 45 already established customers as they make smaller orders prior to ramp up ($44m approx. per year once using it to requirements per customer), and the recent report of 22 customers in the sales pipeline is simply that these are new potential customers representing a further potential $19m approx once they move from testing (sales pipeline) to customers. And that the sales pipe line has increased from 22 to 165 potentials over the past 6 months, all on top of the current 45 customers? Or is this interpretation off the mark?
Maybe I should just email the above, as written, to the company? Along with your research above?,
Kind regards, SEAH.
AJX Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
