What is not stated or is twisted with the 830K forecast is this is a known value of money to come through current engagments of past.
What is this revenue from? 1. Services engineering 2. Royalty payments 3. Other licence agreements.
This value does not include further IP deals that could be signed or any new licence.
Sean has said manytimes they cant forcaste new engagements that has been clear.
This value though not a huge value is the start of the past engaments. The added 100% for the following 2 years is a frugal forcaste on the current customers growth nothing more.
So if BRN are saying we should see almost 1 million. From what they have engaged with then there is some legs to this. IMO
BRN Price at posting:
18.0¢ Sentiment: None Disclosure: Held
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