The fact remains that the Australian government does stand behind junior technology companies other than tax breaks or seed only fundIng. Memtec filtration, uranium entrichment and gene sheering technologies are examples where technology worth billions have gone overseas due to lack of government commitment.
MST has a working proven technology. But funds are very low. I hate the fact that PNG may be the first to buy the guns after all these years. It's make or break now for metalstorm. Make it now or face dilution or worse.
I for one will be buying big if they secure a large scale contract with the USA or allied govt.
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