Collated for you my friend.
New information in my opinion includes
- Industry: will be looking to 10x by 2030. 15 bill now, 142billion in 2030. Read ARK report for 3D printing. Largest growing industry.
- Fletcherstool is designed and patented by Amero; even if client wanted to print it elsewhere, they can't, they have locked down the business so only they can capitalise on it.
- They don't want to rush it; enormous opportunity, will need over 100 AM machines, need a program jointly agreed upon to help ramp up production so they want to get things right.
- 350million/pa tooling industry for this single tool, biggest in the world. Fletchers in Australia already consume 500 a year (previous post suggests costs around $6000 each.)
- Middle east facility is 100% funded by 'those offset?' people ie. not capital required from 3DA? Not owned by 3DA but will receive royalties.
- 100million project in REVENUE. Establish largest centre of excellence, from powder manufacturing, 3d printing and post processing to allow products to be manufactured.
- Owners of the facility are not 3DA (from what I understand).
- Ongoing supply and installing over the next 3 years: later stages of the negotiation, 100% funded by the offset people???
- Titaniumplant: not a pilot plant but full scale plant. 2 years ago powder requirement was 200tonne, this facility will be 120tonne/pa. Titanium powder will be a commodity so very very safe. Forward contract/orders to help debt funding to complete facility possibly... 18months to payback, no comment on profit margins.
- Ultimately want to find investment of 150million to supply 1200-1400tonne/pa.
- Powder is used in other methods of manufacturing hence a commodity.
- Will work together with the plant in middle east to supply quarter or fifth of the world supply as demand ramps up over the coming years.
- Will be able to supply people from both the middle east centre and Australia. Defence primes to fund further in Australia.
- Boeing:
- Only thing that bugged me was the comment about the servicing of the machines used to develop Boeing prototypes. They had a first set of samples made, reviewed and given thumbs up, then requested another 3 sets for qualification but at that point the parameters of the machines had been changed (due to a 'servicing') and now have to re-calibrate/re-do, hence unable to produce the samples again. Sounds like a lame blame game excuse to be honest.
- As above and appears Boeing is still very very keen to work with Amaero. Want them to get a bigger facility (as they keep mentioning in all their talks) and tried to push for getting the machines fixed faster.
- Want to try and work with big companies so these big companies can fast track approval processes/certification (compared to Amaero).
- BNNT: baseline testing done, first level iteration with BNNT included, in process of generating a new lot of samples. Sp100 is being set up next week to build BNNT alloys with them, results in the next few months.
- Dual listing/SPAC: US listing will be highly likely; Stuart wants to see a re-rate before considering; thinks that an announcement about fletchers and middle east facility will do this.
- Acquisition and progression forward:
o Amero wants to stay ahead of the game. Recently there are some large players on the NASDAQ and NYSE, starting to take a leadership role in the industry.
o The leading roles (not sure what I wrote here, I believe he was talking aboutthe people who help list companies in the US) are approaching them, having those discussions. Will DUAL List in the future. Looking at: 5 targets possible acquisitions and to complement 3DA technologies.
o What other technologies required to be a leader?
All my OWN opinions and conclusionsfrom what I heard and was able to type down. As I said it was a very good talk,confidence and expertise is evident from both Barrie and Stuart. If everything isto play out, a true unicorn 3DA will be indeed. Of course however, they are obligatedsell their company and encourage investment, so they have done that pretty wellIMO. I do like how they regularly keep investors updated and although thingsare delayed from ideal, they are still moving forward as they said all along.
(20min delay)