Seems the article published by The Australian has a common tune to that published by The AFR in early March 2015.
Refer to http://www.copyright link/brand/spe...-program-with-lockheed-martin-20150303-13pc4b for these details, as it is too extensive to include here.
Comparing this information with the QHL Investor Strategy Presentation released this week, reaffirms my view again that the JSF program is the central core for growth and revenue for QHL in the next few years.
QHL has mentioned that a capital raising will be required for increased capacity in the next 6 to 18 months. Based on the recent media reports indicated above, it would seem that QHL is positioning itself for the expansion of this program and growth of the company.
The original establishment of the QHL premises at Bankstown was in the order of $15 million exercise. Have only obtained this figure from reports at the time in lieu of extracting the correct figure from financial reports.
Hopefully, the next expansion of the premises will be of similar or near value. For those who are not aware, the extent of the possible expansion capacity at Bankstown is provided below. This was reported by QHL in August 2011.
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- Ann: Quickstep Investor Strategy Presentation June 2015
Ann: Quickstep Investor Strategy Presentation June 2015, page-14
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