i agree, they are certainly important for the longer term. i think at this point in AJX's business development (spreading the word, building manufacturing capacity and attaining business) costs will be inflated and margins will be understated.
Once the product/s are validated (as appears to be occurring currently) margins will take a truer position. i would expect margin to be well north of 30%
imo
cheers
Ann: Preliminary Final Report-AJX.AX, page-94
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