it seems to me that with the PACT act there has been a considerable amount of funding allocated to burn pits over the next 10 years. It may be that they are focussing 90%+ of their effort on capturing the VA/DoD contract to not leave the money on the table. Without this contract I imagine profitability would take a fair amount longer to achieve. But I think it’s because there is a time limit placed around it and they are superbly positioned to win. Its also worth mentioning that this contact alone has the potential to make this company profitable.
if they do win it, then all those 20+ opportunities will be the cream on top!
if they do CR, nothing really changes as profitability is still one contract away and the SP should absolutely skyrocket..
worst case is if they don’t win, then it will be a long slog to profitability, but we will get there eventually .
Research, page-2395
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