MX1 7.69% 6.0¢ micro-x limited

Ann: MX1 - Argus Successful Field Testing, page-40

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  1. 519 Posts.
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    I'm not jaded. I've been an investor for over 5 years. Yes, I'm in the red, and a bit frustrated over the past few weeks of sell downs, but I believe in the company and think it's a good investment.

    I've stated many times the positive aspects of MX1, which you seem to ignore. It has a diverse range of products in development, in separate markets - not just medical devices which are notoriously risky and hard to crack. It also has a very good team. Although, I do think leaders are paid way more than they should be for a company not turning a profit, which is a drag on the bottom line and the SP.

    I believe my point above is perfectly valid and objective. Have MX-1 ever claimed that Argus is a mine detection device? It needs to be completely still to get an image, so it would take a very long time to scan a larger area. Furthermore, there are better technologies for detecting mines. And how far can it see through a layer of dirt? If it can't see below a minimum depth, it would be unreliable because there may still be mines. Happy for you to prove me wrong.

 
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