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Ann: Response to ASX Query Letter, page-326

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circlingshark

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19/11/19

16:48

Post #: 41512474
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Originally posted by OzJ: ↑

I wonder how they managed to do $2.9m worth of setup and integration services work in 13 days. At even $2000/day that would be 112 people working on that project. Busy place.

”From May 2018, ISX commenced the work required to establish a secure PCI DSS environment and third-party licence deployment for each customer. This took about ten man-days for each customer to deploy the environment, and around 3 man-days to deploy the licence into each environment. The work was completed by mid-June 2018.”

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The $2.9 mill could have included substantial third-party licence (softaware) fees thst ISX that ISX then onpaid to the softwre providers?

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Response to ASX Query Letter, page-326

Top Stories

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

A new NASDAQ listing for a key player in the global critical minerals space

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

History repeats for DroneShield investors but carnage so far subdued

Syrah jumps +19% as graphite tariff threat spurs optimism down under

HotCopper Highlights: Trigg; Droneshield; Lumos & more

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Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

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