Great post
@Sojourner
Just to highlight Jan's comment that MTX had $3 million worth of orders since the end of CY 2024 / H1 FY24
Let's guess that PNV get another $3m of MTX order by EOFY(4 months instead of 2). That would be a
3 times increase in MTX sales in one half.
Obviously it may not be linear but imagine tripling half on half again in H1 FY26? that would add $18 m in revenue just for MTX. The same growth rate by the end of FY26 would add $54 m to revenue for the half. Extrapolating a bit more, FY 26 could potentially have $72 m in revenue
just for MTX.
One can also think about it adding $1m per month on top of BTM this half, adding $3m a month in H1 FY26, adding $9m
If MTX is going to be a bigger product that burns as noted by the company, then this initial rate of growth is not out of the question.
MTX has just got into 1st gear on very long road.
IMO MTX will be a big upside risk in the next 12-18 months.
(20min delay)