TTT 5.71% 16.5¢ titomic limited

Nothing from the Company., page-14

  1. 328 Posts.
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    G'Day Oztrade,

    Couple of things I want to clarify.

    I think you will find the bulk of that $25 million for the 2 Machine Sales will be proven in F/year 2020/21 not 2019/20. There is no way a company is going to pay $25 million up front until the machines are built & delivered. From memory, these machines take over 12 months to make!

    Plus, I am almost certain from previous updates & interviews that the targeted $19/20 million figure that I was referring to yesterday excluded Machine sales & was based on signed contracts & other sources of income. I could be wrong though.
    Last edited by Just a dash: 18/06/20
 
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