Indeed...... I'm waiting for the conveyor fibre integrity business to come about. I think that it's going to be a winner. I have a mate who works for one of the big 3 miners as a project manager and they are all looking at it now (Not specifically AVA) but it is going to go gangbusters. Stopping a conveyor loses tens/hunderds of thousand of tonnes of throughput and to have the bonus of early detection of bearing/rollers potentially failing, gives them the opportunity to replace quickly, rather than repair expensively in terms of time and money.
I personally don't see another CR in the short term, unless they win a major supply contract requiring high upfront manufacturing costs. the rest of the business is providing the working capital at the moment. Having said that, if they do win a mega contract, I'll be more than happy to buy some more stock when offered retail.
GLTAH
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Mkt cap ! $33.36M |
Open | High | Low | Value | Volume |
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2 | 25017 | 10.5¢ |
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Price($) | Vol. | No. |
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11.5¢ | 9678 | 1 |
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1 | 10000 | 0.100 |
1 | 5120 | 0.098 |
1 | 50001 | 0.097 |
1 | 20000 | 0.096 |
Price($) | Vol. | No. |
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0.115 | 9678 | 1 |
0.120 | 52980 | 3 |
0.125 | 45000 | 2 |
0.135 | 244550 | 4 |
0.140 | 178771 | 1 |
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