I would like to see an announcement yesterday for a significant commercial announcement however I am confident that the CEO is best placed to assess when such an announcement will likely be made. He has certainly maintained early 2021 but on two occasions has hinted there could be something late 2020.
As to time being of the essence it appears clear cut that BRN has a lead over the rest of the world and assuming this is the case and accepting that as the CEO said BRN only needs to capture 10% of the edge and far edge market to be very successful time is very much on their side.
Personally the first commercial deal I would like to see announced is with NASA. Such a deal will of course not be as large commercially as a deal with Valeo for example, but the mystique and exalted standing of NASA in the US psyche would cause everyone who is anyone to stand up and take notice and I would expect shift the momentum in any negotiations BRN is having at the time of that announcement very much in BRN's favour.
In such an environment Rob Telson would be king of the mountain and would likely need a couple of prize winning Australian kelpies to heard the customers waving cheque books to their Covid-19 sterilised pens.
My opinion only.
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