Couple things to note:
- Strong sales work being done with the US DOD, research project currently being collaborated. DOD are all aware of XtClave and want to begin testing as soon as the facility is set up.
- Ukraine has focused more towards ammunition and tech platforms. Less focus on body armour at the moment.
- In conversation daily with the Australian Department of Defence for armour sales to Ukraine.
- No capital raising's are on the cards on current forecasts. Cash balance being watched diligently.
- No new group CEO planned. Both divisions leaders will report directly to Mark, The Chairman
All shareholders can now enquire directly to the company through their email at [email protected]
On the basis of this call I have made the decision to add to my position.
Ann: Half Yearly Report and Accounts, page-12
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