Solid year so far and things are getting interesting.
Currently sitting with a burn of just over 2.9m with roughly 6.7m in the bank however i think the time has come for the burn to be buried by the revenue unless we see other expansion expenses or a sudden increase in operational costs.
UK Market growing steadily with 1.1m which i can only see growing as we are some of the only players in the market. Germany has yet to produce anything material however we cant expect something over night and each market thus far has seen a steady increase. However, an increase from 5m to 10m over a year shows how things can increase exponentially once it overcomes a wall.
PEAK is whats going to have the be the game changer here, and if what they say is true that in FY22 it will bring in 15m in rev while only running at 14% capacity then dear lord.
Still plenty obstacles ahead however. many of the contracts are short term without much of a safety net so things can go from good to bad rather quickly. But staying optimistic ..... TOTHEMOON
AGH Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
